Can A Sale Agreement Be Cancelled
2. Send the latter by registered letter (and collect the list on the Internet) in which you indicate that this contract is terminated for non-performance by the buyer; 2) as you do not wish to continue the purchase, inform the seller that you are cancelling the contract and that he is free to search for another buyer. and that. 1) The agreement is completely silent on the consideration to be paid Consult a local lawyer and make a decision in accordance with his subsequent advice after seeing the contract document. 2) send a letter by mail regd Announcement that since the full payment has not been paid within the period of 3 months, the agreement is terminated. 1. You have escaped the catches of the law by keeping the initial agreement with you, when the mentioned agreement has not been registered, there is a difference between the sales contract and the sales contract. In the sales contract, 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 partially paid, but the buyer has not paid the balance within the time limit, the seller may sell the property to any other buyer after terminating the former buyer. Thus, you can sell this property to another buyer because you have terminated the buyer correctly. If you have accepted their request for an extension of time, you must revoke them without notice. This is mandatory for you. 1.
What does the termination clause say, if at all, in the agreement? Once the contract has been concluded, it can only be terminated within the limits of the termination clause.