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Querist : Anonymous (Querist) 19 November 2011 This query is : Resolved
Sir,
I am selling my house and i have received whole consideration,he want possession and he don't want to get registery in his name now i am tensed that if he do any activity which is ill-legal in the eyes of law then what will happen. my father is govt. employee, if any act of the purchaser will tend to my father to go to jail.

Please help me.

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ajay sethi (Expert) 19 November 2011
have you received payment by cheque?

have you entered into agreement?

if document is not registered it is not your problem as buyer refuses to go in fr registartion .

protect your interest by entering into rpoper agreement and have it stamped .

Rajeev Kumar (Expert) 19 November 2011
Yes i do agree

Devajyoti Barman (Expert) 20 November 2011
Yes definitely that is a possibility.
To remove such fear in your mind you may receive all the money in lieu of its possession in his favour but do execute at least an agreement for sale where the payment of full consideration amount and the delivery of possession would be mentioned.

Guest (Expert) 20 November 2011
in your agreement for receiving full consideration and for delivering the possession and also you mentioned that the vendor will register the house in his name or some one other on the recommendation of the vendee and all the expenses will be paid by the vendee so you don't worry about it you have no concern for this.

prabhakar singh (Expert) 21 November 2011
yes, i do agree experts query reply

Shailesh Kr. Shah (Expert) 23 November 2011
For avoid problem in future, execute at least agreement stating all details of transaction to secure yourself.

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