Can I get the 10% amount of the property value back?
Can I get the 10% amount of the property value back?
Hi, I was planning to buy an Apartment in Bangalore from Brigade and paid 10% of the total sale agreement. The loan is not yet disbursed but I want to back out now since my company has announced layo
11 months ago
A. Hello,
It depends on why you are backing out of the deal. There are certain contingencies covered in most real estate contracts protecting the buyer. If you back out of the contract for an approved contingency, you will get your earnest money back.
You can expect your earnest money back if:
The home doesn’t pass inspection.
The home appraises below its sale price.
You are unable to obtain a mortgage.
The home has title search issues.
You might not get your earnest money back if:
You don’t ...ReadMore
Discharge from Indian army
Sir, I was enrolled on 16 feb 2021 in Indian army.But due to some reasons i want to get dicharge from service. My Commanding officer told me to get a letter from my parents permitting me to quit servi
11 months ago
A. Dear Sir,
As per the say of your commanding officer you get such letter and smartly quit the job. If you have not executed any bond for Rs.5,00,000/- then you are not liable to pay such amount.
Carpenter cannot complete work after receiving full payment of work
Carpenter cannot complete work after receiving full payment of work.(25%work incomplete) Cost of carpentry work is Rs. 1,02,500/- and I had paid full payment on humanity as his request due to expiring
11 months ago
A. Dear Client,
Any agreement made through words, orally, is an enforceable contract under Indian Law. You may seek legal remedy by sending a legal notice to the Carpenter to do his duties.
Noc for a resale flat
I bought a house in resale from an owner.the owner has oc of the flat and also registration is done on his name. I purchased the flat from him, before we could take NOC from the builder the builder we
11 months ago
A. Hello,
The concern of NOC is limited till the date handing over is not done by the builder.
As per RERA and Apartment act the builder is deemed to handover in 2 years from the date of OC. If the flat is being taken over before those 2 years then yes a NOC will be required but if registry is done, then there is no need legally because then you are the sole owner of the property and builder holds no right at all.
LPA Approval
Sir, If a land alone (for example 9500 sq ft ) without any layout approved by BDO is LPA approval..?? If so shall we buy a part of that land (for example 1500 sq ft ) or we need to get approval for la
11 months ago
A. Hello,
As per the information given by you it is advisable to buy a plot only if the layout is legal. Also, if a layout is not legal or approved, no bank in India will approve a home loan for such a plot. When applying for a home loan, you must submit DTCP approval.
Money lender harassment and 200% extra interest
I have taken money of 10000 and said will return in 2 months per month 8000 each total 16 as this month I couldn’t pay 8000 now he is troubling me in all means and asking for 44000 and extra 8000 an
11 months ago
A. Hello,
As per the information given by you it is advisabe to you to file a FIR to police for harassment.
criminal cheating case
i bought a second hand car in second hand car showroom on nov 2018 that owner failed on time to transfer and i filed a 420ipc on him. there after he transferred in 2021. and i sold the car in 2021. bu
11 months ago
A. Hello,
As per the information you have given it is suggested you to kindly reach out to an advocate for better clarity.
Wrong father name in 10th & 12th Marksheet
Hello Sir/Ma'am. So currently I'm preparing for CUET. The problem is that my father name in my 10th & 12th marksheet is wrong, but in his & mine caste certificate it's correct. And for the correction
11 months ago
A. Hello,
As per the information you have given it is sugeested to you to kindly follow-up the authority for speedy work by them.
Full and final settlement
I have a query with my company When I have joined the company they given me the joining bonus of 60000 and I have completed my probation period of 6 months Due to the process ramp-down, they have forc
11 months ago
A. Hello,
As per the infromation you have given it is advisable to you to adhere to the companu policies and if any discrepancy found from the comapny side you can reach out to an advocate for first hand information .
Buying a plot under Panchayat Khata
is it fine to buy Plot under panchayat Khata , revenue site with clear documents ? Can a house be constructed there ? In future if it comes under BBMP , what Khata it will be considered ?
11 months ago
A. Hello,
Yes if the title documents for the property and khata are available and if the title is clear then you can purchase the same.
