Hi,
I ventured into buying of a property in coimabtore. The property is that of my wifes' maternal uncle.It was in Bank as a mortagage for 25 lakhs.
He requested me to pay the amount to the bank and I gave another 19 lakhs seperately to help clear his debts.
In return he signed me a Agreement of sale for all the above amount which is mentioned to register the property in my name by this month when I give him remaining 10 lakhs...Now I am ready with the remaining amount and asking him to register and now he is delaying the registration and giving me lot of frustrations..
I have got the above agreement of sale in stamp paper but not registered the agreement.
what is the procedure to register the property without much delay..If I go to court what are my satuatory rights in this case and how to complete without much dragging..is it possible to win the case wthout much dragging.
some lawyesr say I have to pay the whole remaining amount with 7.5 % court fees before I start filing the case against him.
why the buyer is stretched here by asking to lock more money until the verdict comes.
Thanks in advance.