Property buyer issue - I want to cancel the sale deed agreement as I am not satisfied with the buyer
I planned to buy a resale apartment in the complex where I live in a rented apartment.
I finalised the deal for 73.5 lakhs for a 3 BHK apartment and signed a sale deed on 4th June 2019 and its validity is for 60 days. I paid one lakh as advance and rest once bank loan is approved. I specifically mentioned the flat should be vacant at possession, I made arrangements for my loan and it got processed. The buyer took a longtime to vacate the plot and I came to know that the tenants created a lot of issues notpaying rent for months together.
Now I am very worried about the credibility of the buyer and want to cancel this deal. I am not happy with the property now as there are lot of third party realty brokers involved and I fear interference after buying it.
When I told to buyer, he threatening that sale deed is still valid and I will sue you if you dont buy the flat now.
Need expert advice on how to proceed further
Asked 4 years ago in Property Law
Religion: Hindu
Its a sale agreement. 60 days from June 4th.
I am the buyer
Asked 4 years ago