The sales contract in question may be terminated without notice or by oral notification and not beyond. b) if the agreement is sufficiently stamped (in accordance with Telangana stamp law) 1. Is there a clause in the above agreement that the contract is automatically cancelled if the buyer does not pay the balance within the specified time frame? An agreement or document that is not applicable by law is considered non-applicable under Section 2 (8) of the Indian Contract Act. A contract is considered invalid if and when: 2) since you do not want to continue the purchase, inform the seller that you are terminating the contract and it is free to look for another buyer you do not have to worry about such an absurd sales contract, it is purely amateur and nothing serious about the real estate sale transaction can therefore be ignored. An agreement reached without consideration is in fact undyed. What was the clause or terms of the agreement? 3. Convince the buyer to sign the declaration of im compliance that must be registered with the Registry Service and propose to Ansorse to return the compensation he has paid you. 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 2. If the agreement is a retraction clause, you can terminate a lawyer`s seller to terminate the existing contract. 1) The agreement is totally silent on the consideration to be paid It is not mentioned when the sale will take place. Sections 31 to 33 of the Special Law of 1963 indicate when an act can be annulled. Under this law, a cancellation is possible if and if: Please note that a sales contract cannot entitle the title. If the Vendeee does not meet the terms of the contract, the seller, notifying a legal opinion, can terminate the contract even if it is registered and sell the property to another person.
An agreement, registered or not, may be terminated in violation of its terms. 2) Unilateral termination of the contract is not possible 3.
