Legal Question in Real Estate Law in India

Dear Sir,

I sell my house to a party. This party give me 2 Lakh cash as token amount and we agreement with him of 3 months for rest of property payment. But now the 3 months time period was gone so that the party not given us any payment of property.

So, what is the legal processure of this case.

Can i sell my property to other party without inform that party ?

pls. give me your needful help.

Regards,

Sanjay Chauhan


Asked on 7/12/11, 2:13 am

2 Answers from Attorneys
Sanjay Kalra Sanjay Kalra & Associates

To be on a safer wicket, inform the party that your period of 3 months have elapsed and you intend to sell this property to some one else and the token money is forfeited.

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Answered on 7/12/11, 2:27 am
Shrichand Nahar S.V.Nahar, Advocate

You may. Provided somebody is there to purchase the property at your price with the knowledge of your earlier agreement.

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Answered on 7/12/11, 10:30 pm


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