Legal Question in Real Estate Law in

Dear Sir,

I am planning to sell my house for X amount as agreed by Vendor and Vendee. Now, couple of days later the Vendee requested to inflate by 30 % to cover all miscellaneous expenses such as furnishing and registration costs to sum up total of 100% availed thourgh Bank Loan as they normally fund only upto 85% of the property value.

Is there any problem in the future for both vendee and vendor as Vendor has agreed to pay back 5 lakhs to the vendor for miscellaneus expenses

Is this correct, legally challenged anytime ?

Thanks for your advice.


Asked on 9/02/10, 7:24 am

1 Answer from Attorneys
Vishwa Arya Arya & Co.

well you may end up paying capital gain on the extra amount. why would you do such a thing

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Answered on 9/03/10, 8:38 am


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