Vishal (MD) 04 October 2012

Can a registered sale deed be revoked?

Dear Browsers,

I had sold my newly built house to a person who had bought it while the house was under construction. I registered the house on his name and he had paid me 85% of the total value as the work was yet to be completed. Now I have completed the entire work (1% work is pending). The buyer is not settling the balance amount and I have the house locked. We have made an MoU on Rs.200/- stamp paper.

Is there a way to revoke or dissolve the sale deed as Iam ready to take back the house and sell it to somebody else?

How to get the money from the buyer? Please help me on this.

Regards,

KSV

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1 Replies

Bhawani Mahapatra (Law Officer) 04 October 2012

Dear Vishal

Is there any narration of part payment (i.e.85% of the consideration) in the sale deed. If yes you have a little chance to claim the balance payment with the help of the said deed. Else the present sale deed would not help you in this regard. However you can sue for balance payment with the help of your MoU, but a tough task ahead to succeed. Sale deed once executed cannot be revoked unilaterally either by the vendor or the vendee.