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Author Topic: Sale agreement time extension  (Read 976 times)

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Offline piusvino

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Sale agreement time extension
« on: January 12, 2015, 09:15:36 PM »
Sir,
I entered into sale agreement for buying a resale flat. I made the part payment to the seller and closed the housing loan taken by the seller against the property.
The bank informed that the original documents of the property will be released in another 15 days. But the time of the sale agreement is expiring(ending) in another 7 days.
Is there any possibility for me to extend the time duration of the sale agreement? Or I need to enter in to new sale agreement again?
If extension is possible, do I need to print the reason and new ending date in a stamp paper and get signature from the seller?
Is there any specific format available extension agreement?
Thanks in advance.
Pius.

 

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