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K.Vijayabhanu (Working professional)     12 March 2020

My name is vijaya. i have a query on land sale proceedings.

I am selling my property in Hyderabad to a buyer but he is insisting to take Liquid Cash and advised me to deposit in my bank account all by myself. Now please suggest any tips on how to handle the payment options. Also please suggest me what are the negative things I may face.


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 1 Replies

Real Soul.... (LEGAL)     12 March 2020

Dear Vijaya please be careful with the transactions in cash for huge amounts. it is better to give cheques

If he still insists then first get the below documents executed;

A RECIPT DETAILED AND STAMPED WITH WITNESS AS KINS OF SELLER>

AN AGREEMENT TO SELL WELL SPECIFIED AND DEFINED. 

COPIES  OF REVENUE DCUMENTS AND SALE DEED OF PROPETY 

 

These days the morals are too far a concern and one cannot trust for huge amounts. 


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