Validity for agreement to sale with twisted clause
Sir, My cousins in AP state made an agreement to sale (without my consent) on Rs. 110 Non judicial stamp paper for a piece of jointly held vacant land (encroached by a few) on 04.06.2014 on a fixed price with a condition that the site is to be made clear by the Seller. The buyer will make payment within 3 months of receipt of intimation of clear site from the Seller; otherwise he will lose his right. Rs. 1 lac was accepted by the Seller as a token amount and the Seller is unable to clear the site. My cousins sought my help now. The buyer was advised by me and cousins to make a new Agreement (signed by me & cousins) with new terms and conditions, since the rates have increased nearly 10 times subsequently. Buyer is insisting that he will not accept me as a joint holder and the Agreement is valid even after 100 years as long as site is not cleared by the Seller and should sell to him only at the price stated, lest he will move matter to court. Pl help us as to how we can get rid of the buyer, since the Agreement is nearly 6 years old. What is validity of such Agreement as per law. Thanks
Asked 6 years ago in Property Law
Religion: Hindu