property sale
This query is : Resolved
02 January 2017
Hello.
My Uncle had made agreement to buy a property last year and made part of payment by cheque to the vendor Mr. X.. due to sudden death of my uncle and uncapality of his legal heir the deal could not be completed..
Further the Vendor Mr.X also could not give back the advance payment made to him.. Now Mr.Y who we know well is ready to buy the property of Mr.X.
Now Mr.X is not trust worthy, is there option to take the advance amount my uncle had paid to him from Mr.Y through pay order and balance amont be paid to Mr.X to complete the transaction
please guide
Thanks
CA R SEETHARAMAN
(Expert)
02 January 2017
You can do so provided X agrees to such arrangement.
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