Tokan of property deal

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I have received tokan for sale of house ,21000/- i given written paper mentioning tokan amount and future payment terms with amount,he didn't given money as per payment term so i called him and informed him that deal is cancelled and collect your tokan he still not came after one week

is there any lawful risk ? and what are other ways to give his tokan back?

Replies (1)
If according to your state laws if is not written on a stamp paper or if it is not registered then u need not worry. Send the money by cheque to him with a covering letter referring to your earlier discussions .

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