Apni Law Staff asked 2 years ago
We found a rental property in JP Nagar, Bangalore, and paid a ₹10,000 token amount. However, due to unforeseen circumstances, we had to cancel the deal within a week. The owner is now refusing to return our money. Is there a legal provision in India that allows landlords to keep the token amount even if the agreement is broken within such a short timeframe? We didn’t sign any formal agreement, but we do have the bank statement as proof of payment.
Best Answer
Apni Law Staff answered 2 years ago
Indian law generally requires landlords to return token amounts paid for property rentals if the agreement is broken within a reasonable timeframe. The absence of a formal agreement may weaken your claim, but the bank statement provides evidence of the payment. You should try to negotiate a refund or consult a lawyer to explore legal options.
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