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Refund of money on cancellation of deed

(Querist) 16 July 2014 This query is : Resolved 
Dear All

I hv made a deal of Rs.53.75 Lacs for purchase of residential property & out of 53.75 Lacs i hv paid in black Rs.12.75 Lacs & 40 lacs white .out of 40 Lacs i hv applied for Housing loan of Rs.35.00 Lacs now i want to cancel the deal & the seller has informed me that i will get the refund only after selling flat to other party & pl.note that whenever i hv paid black money i hv obtained signature on revenue stamp now pl.advise me how to get speedy refund from my seller pl.help
Advocate. Arunagiri (Expert) 16 July 2014
What is the termination clause mentioned in your sale agreement?
Rajendra K Goyal (Expert) 16 July 2014
Terms and conditions of agreement need to be referred, consult a local lawyer.


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