Sir, My father has entered into a agreement to sell for his property through property dealer and get 20% as Token.
As per agreement, buyer take 45 days time to execute the agreement and to pay the balance 80% sale amount but he has failed to pay the part payment and register the property. The Agreement date has got Expired and he hasn't turned up.
After 9 months, My father sold the property to another buyer, After 3 month the first buyer comes back and asks the Token amount (In the agreement their no refund of token money clause).
I want to What is expiry of Agreement (Time Limit) & What shall we do?
Kindly advice us at the earliest.