A property deal was done on 20th Feb, due to non-approval of loan, deal was canceled (mutual ground), and builder said he will refund the whole amount. Till now an amount of Rs.7,81,000 has been paid, Rs.61,000 cash and Rs.6,20,000 in checque. Only sale deed paper work is done till now, that too on a Rs. 100 stamp duty paper and not on Rs.1000, and there is a subclause that if the buyer fails to obey any of the terms it will result into forfeiture of whole amount paid. The sale deed does not have the signatures of the actual buyer but of his blood relative, which the builder said to do since the actual buyer was not present. The builder adviced to cancel the deal since we were unable to get the loan senctioned, and promised to refund the whole amount. The builder now says he won't return the amount utill he sells the property and if he fails to sell the property I will have to buy that property. He is making excuses in refunding the amount, and says he will only refund if he successfully sells the property, unless I buy the property.
A.It is too much for the builder to say like that. Get issue a strong legal notice that if refund is not made within 15 days you will publish on social network about his unprofessional conduct etc.
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Please get all the documents and meet with a lawyer.
He needs to understand the agreement and action.
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Rameshwar Dadhe
Responded 3 years ago
A.If you have made agreement between both or any other evidence then go to the court or file money recovery suit against them immediately
Dear Sir,
You have to go through the rules and regulations of RERA Act and better contact any local advocate who is knowing local laws for getting effective legal advise.
Dear Client,
Unless the original doner and the original donee of the gift deed execute and register a rectification deed or supplementary deed bifurcating each plot of land in the Schedule of the Prop...
Dear Client,
You can send a legal notice to the landlord and demand to repay the security deposit. In case of inaction from the landlord, you can file a suit under Order 37 of CPC before a jurisdictio...
Dear Client,
An owner who wants to add a co-owner to his property will have to do so by way of creating a new deed altogether mentioning the ratio or portion of the ownership in the property. This new...
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