validity time of sale agreement (rs 100 stamp paper)

gillcps (Querist) 25 October 2015 This query is : Resolved
What is the validaity time period of Plot Buy Agreement(rs 100 stamp paper).
We have done such agreement in october ,2012 .But in place of my father name on that sale agreement, mama has put up his name.All money paid by my father.Now ,mama want share in that plot.
I heard that such sale agreement (rs 100 stamp paper) has maximum validity of 3yrs from the date agreement made. Or such agreement validity for whole life time.Please confirm on timeperiod over this agreement stays valid?
Because if its validity automatical gets expired on 3yrs completion and no legal value.
Then we can create new agreement on my father name without any worry of old agreement.

Follow Query

Report Abuse

Guest (Expert) 25 October 2015
The agreement would be Null and Void after the Completion of 3 years.If the Sale agreement is Registered the Seller alone Could also Cancel the Same by Stating the Facts about the Completion of 3 years Non Co Operativeness of the Buyer.Wait till Nov 1st and Proceed as you have Planned.Consult and have a Local Good advocate.

ADV-JEEVAN PATIL, MUMBAI (Expert) 25 October 2015
1)If all money r paid agreement does not expires
2) forsafety of transaction get it registered.
3)ujav not stated who is seller n buyers
4) consult 9869400938

Rajendra K Goyal (Expert) 27 October 2015
Whether the property under agreement has been registered after execution of sale deed in the name of your father?

If not, get the sale deed registered first favoring your father and oppose the claim of Mama.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries