Seller token money refund
Querist :
Anonymous
(Querist) 20 September 2011
This query is : Resolved
my mother is the owner of apartment, which she intended to sell. She has taken the token money from a buyer about a month back. She however, would not like to sell the property cause she intended to give it to her grand kids. she is willing to refund the token money with current market interest. She accepted the token money a month or two back. But the buyer now wants the apartment and threatening legal action. what can she do.
ajay sethi
(Expert) 20 September 2011
was token taken in cash or cheque? has your mother given any thing in writing . ?
mahendrakumar
(Expert) 21 September 2011
yes,if the token money was taken in cash and nothing was given in writing,legally nothing can be done.
Sailesh Kumar Shah
(Expert) 21 September 2011
If she executed agreement then buyer could go to the civil court.
R.Ramachandran
(Expert) 21 September 2011
Dear Mr. Anonymous,
Are you too busy? Why are you not answering the query raised by Mr. Sethi?
Guest
(Expert) 21 September 2011
Mr. Ramachandran,,
Your question is quite valis, as some people just want replies from experts on partial information, but don't want to open their minds if additional information is desired by experts, as if the experts are their paid servants.
Shastri J.K.
(Expert) 21 September 2011
I agree with Experts.
mahendrakumar
(Expert) 21 September 2011
I fully endorse to the views of Dhingraji and Mr.Ramachandran.
many querist forget that the only remuneration we get by answering their queries is a "mental satisfaction" that our knowledge and experience gained through various walks of life is useful to someone.
girish shringi
(Expert) 23 September 2011
The qualitative approach by the experts.
Heads off to all.
