My Aunt left a property without testament/will to her 3 childrens. After her death all the 3 childrens proposed to sell the property and share it equally.
The Prospective buyer had taken the following document copies :
Mother/Parent document
sale deed
patta
Property owners death cert
leger Heir certificate
property tax book
metro water tax book
Electricity bill card
Now after verification , the buyer is ready for our offer. but he had told us that first he will pay 10% of the property value by cash and second payment the day before the registration and the final payment during registration, but the first payment (10%)he will be paying for us by cash.i.e. 15 lakhs . kindly advice us if any payment can be accepted by cash or what should be the mode of payment acceptable. as a seller are we bond to make any agreement legally or how? kindly advice
