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What to do after receiving caveat 148-A on Property


01-Aug-2023 (In Property Law)
I have received a caveat application on a land property. It was to be sold as per an agreement of 2009 but according to the price of that time 85000/92000 Rs. wasn't paid as his cheque bounced as his bank account was closed and. After years of verbal time asked by him as that land is besides his house, now due to need of money I need to sell that land to someone, etc. But he is betraying me by showing me that contract of 2009 and asking me to take remaining 85000 Rs and complete sale deed procedure. Now he has sent me 148-A by which I cannot directly sell my land to anyone, etc. Its current market price is about Rs. 450000. It is also mentioned n that contract that the sale deed will be done in 2010. What are my chances? What should I do?
Answers (3)

Answer #1
916 votes
Sir what u do when the cheque was bounced? Have u filed a case upon cheque bounced if yes then what is the status. If no then why u not file that case. What is the time limit of ur transaction in agreement of sale. All those details r needed for a good advice. U got a copy of cavate u have not to do any thing if opposite party wants to file suit he can. In this stage u not do any thing only u engage an advocate and give him all information along with documents and he vl advice u more properly
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Answer #2
824 votes
sir
chk whether the agreement is registered or not
if it is unregistered sell the property
al most 9 year are passed

sell the property
if the agreement is registered go for cancellation and knock
the door of court
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Answer #3
520 votes
This is my response to you:
1. Engage services of a lawyer and contest the matter;
2. Get his case dismissed with costs;
3. Unfortunately you cannot sell the land to someone now since the matter is in dispute in the courts;
4. If you have merit and as the agreement has the 2010 clause then you have no worries.
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