1. I have made an agreement with someone for selling of my flat and got a token money. As per agreement the purchaser had to pay full amount after a period of 45 days and taken all soft copy of my flat paper to apply for a loan. The loan has been sanctioned by a bank and payment has not been released to my account after two months because the purchaser has changed his mood not to purchase. After repeated reply on mobile, now he says he will not in position to pay the full amount due to his financial crised and requested to cancell the agreement.
2. My house was on rent and has been vacated after the agreement was made. In this situation, whether I have to return the token money to the purchaser or not?