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Jaggi (analyst)     02 June 2014

Role of witnesses

Hello all

I am new in real estate business and in process of expanding my father's pure brokerage business into more of real estate consulting.

I have a specific question.Suppose in any deal,I have signed as a witness from either of seller or buyer's behalf with my id proof and photo .whats the legal responsibilities I go into:

1)Can any party file a case against me if seller or purchaser escapes from the deal after doing bayana(10 percent payment)?

2)whats my legal responsibility ?if any party escapes i can go into the court and give my gavahi as a witness.

Please outline any other responsibility if it comes if somebody signs as a witness on any agreement to sale.

 

Thanks

Jaggi

 

 



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