Part payment

Baljeet Singh. Sunny (Querist) 13 June 2021 This query is : Resolved
If part payment is not paid then could be the deal cancelled

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If a property sale agreement specifies a part payment, the seller may be able to cancel the deal unilaterally if this payment is not made. The ability to cancel depends entirely on the specific terms and conditions outlined in the agreement. To understand your rights and obligations, it's crucial to review the agreement details and consult with a local legal professional.

kavksatyanarayana (Expert) 13 June 2021
For which purpose? Your query requires clarity.

Sankaranarayanan (Expert) 13 June 2021
State the facts . Property sale

T. Kalaiselvan, Advocate (Expert) 14 June 2021
If the sale agreement states that the buyer should make part payment, then on non payment of the referred part payment, the seller can cancel the agreement unilaterally.

Advocate Bhartesh goyal (Expert) 14 June 2021
It depends on terms and conditions of deal.

Dr J C Vashista (Expert) 14 June 2021
What is "agreement" wherein you have stated to have made / received "part payment"?
What is covenanted in the subject agreement qua "PART PAYMENT" on the part of either of the parties to the agreement ?
Please appreciate the fact that nothing can be presumed and obliged by experts in the absence of relevant facts.
Consult a local prudent lawyer with relevant documents for appreciation of facts and professional advise.

P. Venu (Expert) 14 June 2021
You have not posted the complete facts.

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