Legality of commission in prpty matters
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(Querist) 14 December 2012
This query is : Resolved
a want2 sell out n b want2 buy.i m the chain.both side r agreed to award me certain remuneration.a went on2 mk pvt agreement with b.being a chain btwn A & B, C is sidelined.is there any way out to enforce C's right of remnrtn.
if yes den how & if dont then why not?
wat precaution ought C to tk dat he did nt tk and wat kind of undue play of wisdom dat C lacked in this game.
C is interested to knw the know how of buying n selling tactics/machanism to deal in such matters.
C futher want2 knw whr did he go wrong in this game.
enligthen C to further deal in such matters n not only C but entire world is enllightened by the replies on lci mmbrs.
avoid this query if it seems to be academic.
thanks
Raj Kumar Makkad
(Expert) 14 December 2012
It seems that there is no written tripartite agreement between a, b & c and had this been executed, the present wouldn't have arisen. Oral undertaking cannot be enforced by law so in future C should be vigil enough to execute a tripartite agreement to sale which should mention his role in the deal and thus the desired/agreed remuneration should be duly mentioned therein.
If such agreement to sale is got registered then it shall be best for all the parties to the agreement.