Property: what precautions for out of court settlement?

If settlement is arrived then ensure that the settlement be put on record of court where the cases are pending and the statement of both the parties should be recorded in court and only on the basis of settlement the case should be withdrawn as compromised with liberty to approach the court if builder fails to honour the settlement. The fee of lawyer is the discretion of a lawyer.

Originally posted by : Suraj Kank
	If i have latest wil about 2006 and my uncle has old about 1998. Although his will accept as legal documents. May i know under which case they can accept dat wil.

Same Query:

https://www.lawyersclubindia.com/forum/details.asp?mod_id=152099&offset=1

'Buyer Beware' applies to property deals.

It shall be appropriate to get proper legal opinion from a very able local senior counsel of unshakable repute and integrity specializing in revenue/property/civil matters before signing or making payment.

This may cost some FEE but can defend long term interest and hard earned monies.

Get the property docs of property being offerred to you by your own local counsel of unshakable repute and integrity specializing in revenue/property/civil matters before signing any document.

Also see if that one suits your tatse,interest............

Thereafter let your own counsel draft the settlement and in case builder is placing a drfated agreement befdore you to sign show it to your own counsel.....

 

The case is already being handled by my lawyer.

Thank you sir.

Dear sir,
Thank you for your reply.
The case is already being handled by my lawyer.
The builder (buyer) after being nailed is ready for an out-of-court settlement.
I have kept my lawyer informed of the builder's (buyer's) intention for an out-of-court settlement.
I will ensure that my lawyer will be there as a mediator till the very completion of the deal!