Sale agreement

navin (Querist) 18 January 2014 This query is : Resolved
( My late father,in a fit of depression,made a registeredsale agreement for his chamber in 1996.Prospective buyer paid him some amount which he accepted.But my family members objected to this sale and the prospective buyer didn't approach for registration till date.My questions are:
1.Is the sale agreement still valid?)
wrt above query wat will happen to ec incase of registered sale agreement after 3 yrs?

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Advocate. Arunagiri (Expert) 18 January 2014
the sale agreement is not valid.

But, who is having the possession, of the property mentioned in that agreement is important.

ajay sethi (Expert) 18 January 2014
on one hand you are saying registered sale agreement was made . on other hand you say agreement not regd . please clarify .

in addition mention whether proper stamp duty paid and whether possession handed over by your father .

Advocate. Arunagiri (Expert) 18 January 2014
Mr.Sethi,

the querist means, the sale agreement is registered, but the sale deed is not registered.

ajay sethi (Expert) 18 January 2014
thanks Mr arunagiri for clarification . anyhow let the querist give further details as sought by us

Guest (Expert) 18 January 2014
Whiie two and too old friends are handling no necessity to interfere

Rajendra K Goyal (Expert) 19 January 2014
The contents of document and the possession of site is to be seen. in the given facts agreement is not valid.

R.K Nanda (Expert) 19 January 2014
agree with experts.

T. Kalaiselvan, Advocate (Expert) 20 January 2014
If the prospective buyer is not in possession, the sale agreement is barred by limitations. Once it is barred by limitation, an entry appearing in EC to this effect may be ignored.

Rajendra K Goyal (Expert) 20 January 2014
The author of the query has not informed in whose possession the property is at present as asked by the expert Advocate. Arunagiri .

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