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Jayanti Devi (Student)     30 November 2024

Flat buying sale agreement cancellatiom

Flat buying sale agreement executed between  buyer and seller.

cancellation clause is stating that in case of cancellation buyer needs to send written notice to seller and seller shall refund deducting 4%

but seller is not refunding

now, question is

a) can buyer cancel for his own reasons ? or only non fulfilment of terms and conditions can give the right to cancel to the buyer?

b) in a sale agreement, is consent of both parties mandatory for cancellation or any party can cancel stating his own reasons and pay some % damage as per clause?

 



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