Legal Question in Real Estate Law in India
An land sale agreement was made on May 2009 with one year validity & 90 days expiration. It was registered. Now, the buyer had not turned up as he is short of money as well he is not coming up to cancel the agreement to clear the encumbrance. Please advise how to clear the encumbrance
Asked on 12/07/12, 5:58 am
3 Answers from Attorneys
dear client...
you need to issue a notice to the buyer indicating all the facts and then cancel the agreement
Answered on 12/15/12, 6:27 am
Shrichand Nahar
S.V.Nahar, Advocate
An agreement may be cancelled by a court in suit instituted with appropriate prayers.
Answered on 1/16/13, 3:19 am
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