sale agreement sale agreement

5 years ago

i have got a loan for 20 lakhs from a person. i have given collateral security for that loan is a Flat in my name. by registered the loan amount as sale agreement on august 02 2017.
Now it is nearing 12 months, can i renew that sale agreement for another six months.
Is it possible to renew the sale agreement for 6 months.
kindly inform

Ambrose Leo

Responded 5 years ago

A.You have provision for renewing the agreement you can renew with consent of the financer.
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Anonymous

Replied 5 years ago

thanks sir

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Mohd Imran

Responded 5 years ago

A.Yes surely you can extend the daye of that sale agreement but suject to consent of other party
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GANESH SHARMA

Responded 5 years ago

A.Make a fresh agreement with fresh renewal time period
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