Our home loan application is facing delays because the seller hasn’t provided the necessary documents. The property title is still not registered in their name, and they haven’t obtained plan approval for the top floor extension. Their name is also missing from the surveyor’s records. We asked the seller to renew the agreement, but they’re demanding an additional ₹15 lakh. We already paid them ₹10 lakh as an advance during the initial agreement.

Apni Law
Apni Law
Law Forum › Category: Property › Our home loan application is facing delays because the seller hasn’t provided the necessary documents. The property title is still not registered in their name, and they haven’t obtained plan approval for the top floor extension. Their name is also missing from the surveyor’s records.

We asked the seller to renew the agreement, but they’re demanding an additional ₹15 lakh. We already paid them ₹10 lakh as an advance during the initial agreement.

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Apni Law Staff asked 3 years ago

Our home loan application is facing delays because the seller hasn’t provided the necessary documents. The property title is still not registered in their name, and they haven’t obtained plan approval for the top floor extension. Their name is also missing from the surveyor’s records.

We asked the seller to renew the agreement, but they’re demanding an additional ₹15 lakh. We already paid them ₹10 lakh as an advance during the initial agreement.

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Best Answer

Apni Law Staff answered 3 years ago

Based on the information provided, the seller appears to be in breach of the initial agreement by failing to provide necessary documents and fulfil legal requirements for the property. You have grounds to seek legal recourse to recover your advance payment of ₹10 lakh and potentially terminate the agreement, as the seller’s demand for an additional ₹15 lakh is unreasonable and unjustified. Consult a lawyer for specific advice and action plan.

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