Querist :
Anonymous
(Querist) 10 July 2011
This query is : Resolved
Hello Sir,
i have given 6 lacks advance to purchase a flat. 4 lacks through cheque 2 lacks through cash. we did a sale deed agreement. he has signed in a white paper for receiving a money. and now i am not interested to buy that flat. i want my money back. if he don't pay my money back can we take any legal action.
Isaac Gabriel
(Expert) 10 July 2011
It depends upon the sale agreement. If there was a clause to refund the money in case the sale could not be completed, you are at liberty to take action for recovery.
Guest
(Expert) 10 July 2011
it is all stated in your agreement so show your agreement here than it can be answered
n.k.sarin
(Expert) 10 July 2011
receipt of money on white paper without stamp does not have any meaning. It is very difficult to you to get money back.You have no option except to go court for money recovery.
DEFENSE ADVOCATE.-firmaction@g
(Expert) 10 July 2011
political way will be buy the property and resale it , other methods will take time.
Ravikant Soni
(Expert) 10 July 2011
Unless agreement to sale not been cancelled you are not legally entitled to get your money refund.
Querist :
Anonymous
(Querist) 11 July 2011
there is no clause in agreement to refund the money in case the sale could not be completed, even we don't mentioned any time frame. how many days my sale agreement will valid for recovering money.
n.k.sarin
(Expert) 11 July 2011
three years from the date of deniel.
DEFENSE ADVOCATE.-firmaction@g
(Expert) 11 July 2011
it will take hell of time to recover money the best way to possess the property.
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