sagar jadhav (employee) 11 December 2013
1) I am seller
2) We had only done mou and 1.5 L as token I deposited
3) Saleed deed and conveyence deed not done yet
4) buyer is BM in bank of maharashtra ,still he sms'ed me w.o sales deed loan cant get sanctioned
5) his attitude was worst while talking,still I was ready to do sales deed ,pay for it ,but builder give some proper legal reason to his lawyer
mou says 2 months ,deal should be completed,1 month already done
should I keep token with me?
BAALASUBRAMANNYAMM (Advocate) 11 December 2013
If you are really interested to execute a Sale Deed in favour of the buyer, first execute an Agreement of Sale in favour of the buyer(BM) In the meantime, he will approach for loan. Then you can go for registration, as per the agreed time. If you have any complications with the builder, you can settle it in the mean time.
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