Cancel of land sale agreement
anzal
(Querist) 21 December 2011
This query is : Resolved
sir i had made an agreement for sale of my family property with a person. we made a agreement of paying 5 lakh in advance , half of the full amount by 3 month & rest by next 3 month, in document. but as the person was introduced by knowing person , by word we made a agreement of paying 12% of total amount in first week & rest periodicaly , but these condition's in oral , was not said in the document. now we realize the person purchsed from us is a dealer, & he is trying to sale our property to another person & he havn't paid a single amount other than advance . now it's only 45 days over from the date of agreement. we had to get the amount periodicaly , which we made a deal in oral, other wise there is no need of sale. so can we cancel agreement by waiting for 3 month & refunding the advance amount. out of the 3 witness in the agreement 2 are at our side.the agreement is not registerd & made on 100 rs stamp paper
in document the conditions are to pay half of full amount within first 3 month & so we have to give possesion . the rest of the amount within next 3 month & register to buyers name................. if anyone of the parties are not able follow these conditions , then the party who is not able to follow the conditions, should give the other compensation for his loss. ............... these are the words in the document
ajay sethi
(Expert) 21 December 2011
repeated query
Raj Kumar Makkad
(Expert) 21 December 2011
Your similar query has already been resolved on yesterday. What is the change of the facts thereafter and even if there is slightly change then also it is appropriate to post it in the same thread.