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Author Topic: Refunding advance paid for a land property  (Read 787 times)

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Offline manojmonline@gmail.com

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Refunding advance paid for a land property
« on: June 23, 2015, 09:55:29 PM »
Sir,
         The case is about a land registry issue.  My friend had given an advance amount of Rs. 2 lakhs for a plot. The amount was given to a broker with proper stamp duty paper, also in the name of the broker.The last date for the full payment was May 31.But later some irregularities were found regarding the boundaries of the plot. So the broker admitted them to refund the amount but they should wait for 3-4 months. Sir,I need to know whether this may cause some problems in the near future or shall we obtain a promissory note from the broker or shall we file a case against him for insisting money soon

Offline advocate-lyngdoh

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Re: Refunding advance paid for a land property
« Reply #1 on: June 25, 2015, 08:07:42 PM »
get some written assurance from the broker and a receipt that payment will be refunded after 3 months
Advocate Lyngdoh
Laitumkhrah, Shillong

 

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