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Baljeet Singh. Sunny   14 June 2021

Part Payment

If in a sale agreement of a property, its mentioned that both the parties have mutually agreed that second party will make part payment before the last date in specified month. And in case the second party fails or delays to make part payment , then what can be its consequences , can first party cancel the deal?


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 4 Replies

Sankaranarayanan

Sankaranarayanan (Advocate)     14 June 2021

State the facts clear. Both the parties should act upon the agreement , if any one deviate from the agreement then it is  breach of contract.

Baljeet Singh. Sunny

Baljeet Singh. Sunny   14 June 2021

no such thing is mentioned in agreement regarding cancellation
Sankaranarayanan

Sankaranarayanan (Advocate)     14 June 2021

Then send a formal notice stating based on the agreement you failed to pay the part therefore the agreement treated as cancel 

Baljeet Singh. Sunny

Baljeet Singh. Sunny   14 June 2021

we are the second party

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