671+ Lawyers are online 
Legal validity of Agreement to sell
25-Oct-2023 (In Property Law)
I am buying a DDA flat The owner has a loan outstanding against it. He wants to get the loan foreclosed. How should the matter be handled..
Also Whether the Agreement to sell will be binding on case owner defaults
You know that an agreement to sell is a document that sets the terms and conditions, based on which a property transaction would be completed. The creation of sale deed means the purchase has been made. To make agreement to sell valid get the same registered.
Helpful?
Adv. Anubhav Kathuria
Delhi | 1000+ Answers
Chat
Sir, there are agreement and the agreement always bind on both the parties.
In the situation, the owner should pay the loan first otherwise the lender will get right on the owner property for sale.
Further, if owner fails may face legal proceedings against him.
Helpful?
Adv. Shikha Gupta
Delhi | 50+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
