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YSNSRINIVAS (SOFTWARE)     07 November 2014

Assurance of payment for sale of property

Hi Team,

Recently we entered into agreement for sale of  mother in law Property (House +Plot). It was decided that the sale would be 70 lacs. The seller has told that he will be giving 10 lacs as token advance , out of which he has given 5 lacs ( 3 lacs in cash & 2 lacs in cheque.) . he took a signature on white paper with revenue stamp. He told that he will give balance of token advance in a week.

Later when we came to know about the buyer back ground. He is chota(small) politician, with a back up of 

local MLA. Some neigh bours have informed that he will not give full money and he may do the forgery of documents.

Now how do we ensure that we get full amount before registration. 



Learning

 1 Replies

Kappil Cchandna (Expert Bail & Criminal Defence Lawyer at Delhi Supreme Court of India)     08 November 2014

Dear, Let me do whatever, don't leave the possession before receiving full money and keep a look at the registrar office. Bcoz he can also manipulate with the registry thing. Adv kapil chandna, 9899011450

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