There is a difference between the sales contract and the sales contract. in the sale agreement, the seller has the right to cancel the sale after informing the buyer that the buyer is not complying with the terms of the contract. if the price is paid in part, but the buyer has not paid the amount of the pension in the agreed period, then the seller can sell this property to any other buyer after informing the former buyer. well, you can sell this property to another buyer because you informed the buyer correctly. If you have accepted his proposal to extend the deadline, you should revoke it by notification. It`s mandatory for you. As has already been said, the denunciation of an agreement is a complex issue, with many possible consequences. It is advisable to always seek the assistance of a lawyer before terminating an agreement to ensure that it complies with the applicable conditions and on the basis of merits. If the agreement has not been registered, but if it was signed only by a notarial or on a stamp paper, you can send the buyer an allusion to the seller that you are no longer interested in pursuing the purchase (reason of the state), because no money has been exchanged, the seller can only put a spell there and ask for financial compensation because of losses for him (with him for this amount) agreement against you only if 4) if you revoke the seller`s unilateral sales contract you can take the matter to court and take legal action for the specific benefit 1. Since the contract does not contain a retraction clause, termination can only take place unilaterally if the seller violates the contract.
Your request does not mention such a violation on his part. The law does not permit unilateral cancellation without a case. Dear guest, thank you for your request. We recommend that all parties be advised of the reason for the cancellation if circumstances may change. As long as you have proof that you can pay any more loan that would be sufficient under normal circumstances. 2) Since you do not want to make the purchase, inform the seller that you are terminating the contract and he is free to look for another buyer to cancel the sale in relation to the CPA: According to the Indian Contracts Act, most of the duration of the contract is usually at the heart of this contract. The seller and seller entered into a contract, both of them should have obeyed the terms of the agreement. If one person does not fulfill the contract, the other person has the right to withdraw from that contract. In the case of a sales contract, the buyer having not complied with the contractual conditions, the seller has the freedom to revoke and hear the contract.
You don`t have to worry about such an absurd sales contract, it is purely amateurish and nothing serious about the real estate sale transaction can therefore be ignored. The content of the agreement you just posted shows that this is not at all an agreement to sell the property. These contents are the conditions that the seller is required to perform. 3) You can revoke the contract with the Seller`s agreement.