Renting out house and token money
uday
(Querist) 02 September 2017
This query is : Resolved
tenant gave me token money to confirm deal, he also did police verification formality and prepared agreement and sent thru mail. Though I confirmed that there is no plan for repainting but i did it on his request on good will. After 16 days (not yet shifted in house), he back out from the deal and demanding full amount of token amount. What is legally fair and remedy?
R.K Nanda
(Expert) 02 September 2017
tenant is not entitled to get back token money as he has backed out from deal.
Rajendra K Goyal
(Expert) 02 September 2017
Whether any such condition was there at the time of paying token money?
In absence of such provision, token money may not br returned.
Advocate Bhartesh goyal
(Expert) 02 September 2017
Yes,whether there exists such condition in rent agreement, if exist then return token money and if not exist then no need to return token money to him.