Sir, I am a buyer and entered into an unregistered sale agreement with the seller for a period of 3 months which ended on 31st Oct. I received a letter and an email from him on 5th Nov cancelling the agreement and returning my earnest money, on the grounds that I could not pay the balance amount within the time stipulated.
But when the bank valuers came to value his property for my loan sanction he did not rspond, despite various phone calls and emails. Now he says that because the agreement does not mention anything about bank loan or showing the property to anyone, he is not liable for that. He says arranging the laon is my responsibility.
Further to my frustation, I have found out , that today he sold and registered the property to someone who had the money ready and that other man is the now the new owner. Can I sue the seller with whom my agreement is, for specific performance? One local lawyer has said I cannot do anything now, is that true?
I am very worried. Kindly advice.
