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.
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.
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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.
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
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.
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Advocate Sinjari Bandyopadhyaya
Responded 2 years ago
It is necessary to scrutinize the terms,conditions and default clauses of that Agreement to give opinion in that perspective.
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