Cancellation of oral agreement and refund of advance token money procedure
1 year ago
I as a seller has made oral agreement of sale of immovable property over phone and WhatsApp and buyer agreed to pay the entire consideration later on after paying initial advance of 5% of the entire consideration . Now the buyer is not receiving the call and and delaying it . Now I as a seller want to cancel the oral agreement, do I need to sent a court notice or a general notice on stamp paper of cancellation the oral agreement or do I need to inform local police station.
A.Dear Sir,
You may send legal notice or lodge a complaint with Police to get back your advance amount since transaction not materialized.
You may send legal notice or lodge a complaint with Police to get back your advance amount since transaction not materialized.
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Advocate Sinjari Bandyopadhyaya
Responded 1 year ago
A.To give opinion, it is necessary to know the terms and conditions to which the buyer and seller were agreed and any written proof in its support.
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