LawRato

Sale agreement 2 years old can I execute the agreement


23-May-2023 (In Property Law)
My brother promised to give some property, for my confidence we prepared a sale agreement on 100rs stamp paper stating that i am buying this property for 100000 rs from my brother but it was not registered. all it happen 2 years ago. but our relation got strained and no more interested give it to me. now i want to approach the court. now questions are how long this agreement valid does it stand in court of law without registration what are my chances and my brother chances to defend our claims
Answers (3)

Answer #1
868 votes
Yes.
you can approach the court based on agreement of sale.
a sale deed is different from agreement of sale. an agreement of sale need not be registered.
as sale deed has to be compulsorily registered.
So in your case, you can file a case (criminal and civil) based on agreement of sale.

Answer #2
514 votes
First agreement is with you only. in agreement any conditions r there we have to see. and u paid the Amount part r full. yes u can apporach that he made agreement of sale but not made absolute. this agreement can be sent for impounding.
Answer #3
867 votes
An agreement to sell is merely a document to obtain another document, i.e. sale deed and it does not transfer title of property. No person becomes owner of a property by mere execution of agreement to sell in his favour. The Limitation Act, 1963 contains provision for limitation to file a suit to enforce an agreement to sell in Article 54 which provides that limitation period for filing a suit for specific performance of a contract is three years from the date fixed for the performance, or, if no such date is fixed, when the plaintiff has notice that performance is refused.

In your case

- What is the clause in contract regarding failure on part of purchaser to make payment?
- Is there any clause that balance amount would be paid only after purchase is satisfied about title to the property?
- Unless a deed of cancellation is been executed by both the parties in respect of registered agreement which will void the said agreement (Sale)

As well I understand that there was no exchange of money as a token amount for sale

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.

Report abuse?

Comments by Users

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."