My mother, who is 76, decided to sell our home in July, but changed her mind and wants to stay here for a few more years. We received a 3 lakh advance payment out of a total agreed 50 lakh from the buyer. We’ve offered to return double the advance (6 lakh) and cancel the deal, even going up to 7 lakh. The buyer refuses. What are the legal implications if he takes this to court or files a police complaint? The agreement was notarized but not registered and expires on October 25th. How long might a court case take, and what are typical outcomes in similar situations?

Apni Law
Apni Law
Law Forum › Category: Property › My mother, who is 76, decided to sell our home in July, but changed her mind and wants to stay here for a few more years. We received a 3 lakh advance payment out of a total agreed 50 lakh from the buyer. We’ve offered to return double the advance (6 lakh) and cancel the deal, even going up to 7 lakh. The buyer refuses. What are the legal implications if he takes this to court or files a police complaint? The agreement was notarized but not registered and expires on October 25th. How long might a court case take, and what are typical outcomes in similar situations?
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Apni Law Staff asked 2 years ago

My mother, who is 76, decided to sell our home in July, but changed her mind and wants to stay here for a few more years. We received a 3 lakh advance payment out of a total agreed 50 lakh from the buyer. We’ve offered to return double the advance (6 lakh) and cancel the deal, even going up to 7 lakh. The buyer refuses. What are the legal implications if he takes this to court or files a police complaint? The agreement was notarized but not registered and expires on October 25th. How long might a court case take, and what are typical outcomes in similar situations?

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Best Answer

Apni Law Staff answered 2 years ago

Based on Indian law, the buyer may have grounds to file a civil suit for specific performance to compel the sale. Since the agreement was not registered, it may be difficult to enforce in court. However, the buyer’s refusal to accept a higher amount could be seen as unreasonable. A court case can take years, and the outcome is uncertain, depending on the judge’s interpretation of the agreement and the circumstances.

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Previous Article My grandfather sold his ancestral farmland years back and bought a house plot in a bustling city with the money. My father and his elder brother live in distant cities because of their work. His younger brother, who lived on that land for two decades, has now convinced my grandparents to transfer the property to his wife. He’s refusing to pay anything for it. Can I or my father do anything about this situation?
Next Article Question 1:How do we determine the share allocation for each founding member when setting up a private limited company in India? Question 2: What’s the minimum amount of capital a private limited company in India needs to maintain in its bank account?

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