LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Gauri Bhosale   17 October 2017

Multiple mou/agreement to sale?

I have 2 clients for my flat ,there is surity that there home loan will get approved

can I make deal with both them and as one of them gets approved,refund token amt of other?

 

reason is loan can take 3 months min



Learning

 3 Replies

G.L.N. Prasad (Retired employee.)     18 October 2017

Get such deed / MOU drafted by an expert solicitor.

Kishor Mehta (CEO)     18 October 2017

Entering into a deal with more than one person for a property is inviting unnecessary legal expenses.

Gauri Bhosale   19 October 2017

1st party is offeribg 32 L ,but not given token amount or mou,directly asking for agreement of sale

 

2nd party is relatie of chairman who is not genuine person and offer 35 L

both dont have gurantee of loan approval


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register