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Owner cancelling the agreement in the middle of the road


30-Jul-2023 (In Property Law)
Owner cancelling the agreement in the middle of the road since, he can't wait anymore and asking me to send all of his copies including signature in the sale agreement and then he will send my advance token money. Later on also told me that I have to bear the sale agreement making charges and same will be deducted. What is the right way to cancelling the deal? Why should I pay solely where sale deed has not been executed?
Answers (2)

Answer #1
799 votes
Both the parties i.e. owner and willing buyer will enter into a cancellation of agreement for sale. The cost cancellation of deed will borne by the parties equally. Otherwise you have the right to get injunction over the schedule property. After that the owner also could not sell the property till now.
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Answer #2
535 votes
Everything depends upon agreement which you have entered into with the owner I have to see the agreement at first then anything but. if advance money has been paid and it is written in the agreement that with non compliance of the terms of the agreement the advanced money will be forfeited then, the said condition will take effect. you have not stated about the advance money you have paid or not.
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