5) You can provide a legal reference to the termination of the contract if the buyer has not paid the balance and has paid Rs 1 Lakh. Certificate of Sale: this follows the purchase agreement and is an agreement between the seller and the buyer. Its content needs to be checked several times by experts before you actually criminise it. 3. If so, send him a letter in which you terminate the contract correctly, as suggested in my previous post, and start your sales journey again. 2. As I requested in my previous speech, was there a cancellation clause in the above-mentioned agreements for non-compliance with the terms of payment? Section 49 of the Registration Act 1908 deals with the effect and validity of an unregreg registered document to be registered. It indicates that the document required by section 17 (or under a provision of the 1882 Act to be registered) is required, 1. As the interested party has not kept his promise to pay the balance within the agreed period of 4 months, you can terminate the contract by sending a lawyer`s notice. There is no savings/deeming provision in the law that takes into account the fate of the unregistered ATS in question, made before May 1, 2017.
In deciding the fate of these ATSs, the Law could have been considered an ATS exported before 1 May 2017 as registered under the Law (subject to payment of a fee to the Sub-Registrar in question), i.e. provided that ATS exported before 1 May 2017 were now registered within a specified period. as provided for the registration of ongoing projects in accordance with Article 3 of the Act. It is a valid document. But what about the period specified in the agreement / Settle it first. Now you need to provide legal information to the owner and take a specific action against him in order to preserve the property. Contact a lawyer to resolve this issue. If you need clarification, do not hesitate to contact us Esther Priya, Advocate S &P Law Associates, law firm in Chennai section 49 of the registration law is new and gives for the first time the legal sanction for the just doctrine of partial performance. This section of the law is widely accepted, as an appeal for a given performance may be based on the basis of an unregistered sales agreement and may be admissible as evidence. . .