Legal Question in Real Estate Law in India
i bought a old house. but the seller already given a promissery note to get some amount on the name of house
Asked on 4/16/14, 8:14 am
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
16.04.2014
Dear Sir / Madam,
A Promissory Note is not a charge or lien on the house. The Seller has to pay off and settle the Promissory Note amount from the purchase consideration you paid him for the house.
Regards,
Answered on 4/16/14, 8:57 am
Rajiv Chandhok Ph: +919810050896
https://www.linkedin.com/in/rajiv-chandok-0827b733/
I agree with Mr. Chavan You may drop in a detailed query at [email protected]
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JSR/17414
Answered on 4/16/14, 11:20 pm
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