Here is my situation:
I paid a builder certain amount of money as an advance for a flat I was interested in buying. We both went into a sale agreement/ affidavit. The builder has failed to complete the construction but has agreed amicably to return the advance back.
He told me that he will pay back by cheque, DD or cash and if he pays by cash, I should write him back a receipt for the same.
Can anyone advice me on the format of the receipt (what to write in it). I do not want to write anything which dilutes his laibility to pay me back.
Is this content right:
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Date:
Received Rupees _______________ (in words:_________________) from <Builder's Name> on __________________ in connection with terms of agreement as per Certificate Number: *************** (Certificate Issuing Date: ********* ; Unique Document Reference: *************) in cash. The cash was given by _________________ on behalf of <Builder's Name>.
Signatures:
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Please advice. I will be very thankful. Is mentioning the details of the agreement not necessary or will it help (or it can be disadvantageous)?
Also, will printing this receipt on a simple blank A4 Sheet and signing it serve the purpose?
