Sale of floor

Naresh Kumar (Querist) 20 September 2018 This query is : Resolved
A (owner) signed a collaboration agreement with B (contractor) that B will construct four floors on A’s land and entire cost of construction will be borne by B and one floor will be retained by B towards his share. Construction is about to complete. Now B does not want to take a floor and instead of it, B want that his share of one floor be sold to C (purchaser) who is ready to buy one floor. Now C is ready to buy the floor and it has been decided that an agreement to sell will be prepared between C & A and cost of floor will be paid by C to A through cheques. On receiving the payment from C, B will return the entire money to A.
My query are :-

1. Can C buy one floor from A, which floor is meant for B as per collaboration agreement considering that things are taking place as per the desire of B and B would be one of the witness in Agreement to sell and later on in Sale Deed.

2. Can C fall in any legal dispute which might take place between A & B or it will be a safe deal for C.
Kindly reply.

Follow Query

Report Abuse