Property Sale Agreement with no time period for execution Property Sale Agreement with no time period for execution

5 years ago

Hi - I have entered into the agreement of sale of land for 18 lacs and took 2 lacs as advance. Now it has been 5 months and buyer is not paying the remaining amount and delaying the payment.
Can you please advise?
Also, I have got to know the price of the land will increase in 6 months time due to new road construction. So if I want to cancel the agreement what should I do?

Kishan Dutt Kalaskar

Responded 5 years ago

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A.Dear Sir,
Yes Sir, You have given reasonable time but he did not turn up. By issue a legal notice terminate the agreement and return the amount. For draft contact me.
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