Post dated cheque for paying initial amount
I am interested to buy a flat in a multi storeyed apartment directly with a reputed builder. I would like to consult my family members before making the final go. The builder is insisting that since its a new month starting and there will be an increase in property amount which will be applicable, I should give a SCANNED copy of the Post Dated Cheque for initial amount (10%). If the decisions change after consultation with the family member, the inventory could be released back.
I would like to take advice if a scanned post dated cheque is a legal document and will I be legally bonded to purchase the flat even if the decision changes.
My email: [deleted]
Anurag Sehgal
Asked 7 years ago in Property Law
Religion: Hindu
Thanks for answering Siddharth.
Will it be safer if I don't sign any document / agreement form but just give a scanned copy of the cheque to hold the inventory for 2 days? Can the builder file a complain just on basis of a scanned cheque with no signed agreement?
Asked 7 years ago