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Naveen (software engineer)     10 January 2013

Buyers wants property document without paying last final amt

Buyers wants property document without paying last final amt . he cleared my mortgage property. he will give us the banker cheque at the time of registration once he receive the remaining loan amount from his bank. can we give the documents.

In Term and condition we mentioned that if the full amount is not paid within one month of agreeement. Then the agreement is canceled. Almost four months till today, We have financial problems waiting for the money what to do?



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 3 Replies

Advocate Vishnu (Advocate)     10 January 2013

Pl do not hand over your title deeds to the buyers until the registration procedure is completed.

Naveen (software engineer)     10 January 2013

Can we cancel the agreement in case if he takes his own time, because i have financial problems


(Guest)

@Querist,

 

If terms and conditions of such agreement is clear, there should be no problem in cancelling that agreement. Such agreements are voidable agreements.

 

Thanks,

Regards,


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