Fraud relating to land
1 year ago
The deller defaulted in making the full payment to land owner, and agreement between deller and land owner specifically mentioned that default in payment leads to termination of deal. The the mean time deller sold the land to public and the constructed residential houses. Now time has lapsed for payment to land owner and full payment has not been done. What will be the legal consequences of this situation?
A.Dear Client,
Since the agreement specifically states the termination of a deal, the deal would lapse if payment has not been completed. You may approach the owner for a delayed period of payment.
Since the agreement specifically states the termination of a deal, the deal would lapse if payment has not been completed. You may approach the owner for a delayed period of payment.
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