Legal Question in Construction Law in India
My Query:
I had signed an agreement (main points as above)and registered the same. However the purchaser cited various reason and disputed the agreement even after having complete knowledge of area and all documents with My bank. I had taken legal help and had terminated the agreement on 1st april 2010. the purchaser never turned up to sign the cancellation deed as stated in the termination clause above.
I have the POD of the termination agreement. The purchaser have sent some unsigned letters to my lawyer and email disputing the termination almost 4 months back and there has been no other communication from my purchaser. He has not turned up to take his money as well. I am now stuck with the flat Kindly let me know
1. if i can sale the flat to other intended buyers ?
2.Does the title of the flat get transferred when such agreement is made or due to teh effect of the termination clause the title remains with me?
3. Is it illegal to sale the flat without the cancellation deed?
1 Answer from Attorneys
the cancellation needs to be registered and the same should be intimated to the other party. after the cancellation is duly intimated, the flat can be sold to the other buyer in case there is no suit pending regarding the flat.
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