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Sarbjot singh   02 January 2018

Please urgent requirement of help

I had paid 50k as token money for a property, but no receipt or stamp was signed for this token amount and the person is a real estate agent. Due to some financial problems we dropped the idea of buying this property and now the agent refuses us to refund the 50k , saying this is non refundable. We cancelled the plan of buying after two days of submitting the money. What should I do ?. Help please!!


Learning

 3 Replies

Kishor Mehta (CEO)     03 January 2018

In absence of any evidence it will be difficult to get the amount legally, it will be in the best of your interests to mutually settle the matter.

P. Venu (Advocate)     03 January 2018

Has he refused in writing? If so, that itself becomes the evidence as to payment of token money!

Sarbjot singh   04 January 2018

But token money was given without and agreement on revenue stamp, doesn't it make him to payback legally and payment was made through cheque for it.

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