in
Property Law
sale of property: payment before sale deed
Dear Sir(s), i have buy a property 3 guntha. sale deed complete and registration. i needed the Previous owner to come sign for 7/12 . he is asking for money he says he not come if i not pay more money. what are my options?
Answer 1
Answer prepared by Shreyan Acharya, Researcher at Lawfarm:
The property transferred from one person to another is mandated by the Transfer of Property Act,[1]1882. The Act covers the procedures and requirements for the sale of property.
Section 54 defines “sale”.[2] Section 54 further explains the method how the sale is completed. For the completion of the sale, certain requisites need to be fulfilled.
The essential elements for sale are:
- parties to the sale
- subject matter of sale
- price and mode of executing the sale.
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