THE AGREEMENT HAS EXPIRED. HOW CAN I GET MY AMOUNT BACK.
2 years ago
I OWN A PROPERTY IN 2010 ALONG WITH A FRIEND AND CONSTRUCTED SCHOOL BUILDING IN IT INVESTING EQUAL SHARE. IN THE YEAR 2013 MY FRIEND PUT FORWARD A PROPOSAL OF GETTING SPLITTED. THEN I AGREED TO TAKE MY SHARE BACK LEAVING THE PROPERTY TO HIM. WE WROTE AN AGREEMENT IN THE YEAR 2014 SAYING THAT HE WILL PAY MY SHARE IN THREE INSTALLEMENTS . I AGREED AND CAME OUT. I RECEIVED TWO INSTALLEMENTS PRESSURIZING HIM. NOW IAM UNABLE TO GET MY BALANCE AMOUNT BACK. AS SAID IN THE AGREEMENT THE AGREEMENT HAS EXPIRED. HOW CAN I GET MY AMOUNT BACK.
A.Dear Sir/ Madam,
You should consult a legal representative as it is a matter of important documents. But with all the available information it can be said that you have ownership of the land and with the correct legal procedure, you could get your balance amount as well.
If you find this response useful please rate me.
You should consult a legal representative as it is a matter of important documents. But with all the available information it can be said that you have ownership of the land and with the correct legal procedure, you could get your balance amount as well.
If you find this response useful please rate me.
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A.Dear Sir,
You may get issue a legal notice or approach him and get atleast postdated cheque so that you can recover the amount very easily. We go for a civil dispute for recovery of your remaining share amount it will take years together.
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You may get issue a legal notice or approach him and get atleast postdated cheque so that you can recover the amount very easily. We go for a civil dispute for recovery of your remaining share amount it will take years together.
Rate me Five Star*
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Dear Sir/ Madam,
Since it's a matter which involves some important documents which may have intricate terms and condition it's very important to consult a legal representative. However, with this limited information, it is to say that you still hold the property and can take action for your balance payment.
If you find this response useful then please rate me
Since it's a matter which involves some important documents which may have intricate terms and condition it's very important to consult a legal representative. However, with this limited information, it is to say that you still hold the property and can take action for your balance payment.
If you find this response useful then please rate me
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Advocate Sinjari Bandyopadhyaya
Responded 2 years ago
A.If you had purchased the property in registered manner along with your friend in the year 2010,then without any registered Deed of Transfer,you cannot transfer your share in favour of your friend merely by an agreement. So you are still holding the Ownership in that property and have entitlement to claim partition of your share.
It is necessary to scrutinize the terms,conditions and default clauses of that Agreement to give opinion in that perspective.
It is necessary to scrutinize the terms,conditions and default clauses of that Agreement to give opinion in that perspective.
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A.File a case of money suit as you do not have any other option to go about. Simultaneously you can explore the idea of filing an FIR of fraud and cheating against him to teach him a lesson so that hopefully he returns your money.
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