Hi All,
I sold my property for an amount of Rupees 20 Lakhs on January 30, 2008 by accepting 10 Lakh Rupees as advance. An agreement was entered into.The balance of 10 Lakh was to be settled by April 30 ,2008. Till now the buyer has not turned up to settle the matter. What is my remedy in this regard? Is there any time limit by which the buyer has to settle the deal as per law. In that case can I sell the property to a third party in case the buyer do not discharge me. I have also suffered much in this deal.
Please advise me.
Help is appreciated
Ajeeth