Builder cheated us in 50-50 partnership deal
Hi,
My father has given our 30years old property to Builder in 50-50 partnership deal.
initially we have received partially amount from the builder and after an year he handover one Flat to us.
As per 50-50 deal,He has built extra Sqt feet and made 3 flats and two flat should be handover to us.
We were not able to repay the initial amount which my father has borrowed from him initially.
He denied to give second flat for that which is our share (50 percent of the flat cost only was given to us initially) after selling the second flat which was our share he denied giving money, rest of the money saying it is the interest which he wanted and He did not pay for the extra square feet which he has built.
We are actually tensed because of loosing the property and money as well.
What we hold is one flat and the initial amount which he paid .
From our land he has sold all four flat and denying to pay amount which he earned through selling our share flat and for the extra square feet.
Can this be dealt legally.
Will we get our money back.
Asked 8 years ago in Property Law
Religion: Hindu
Hi All,
Thanks for the reply sent and it was very useful.
We do have mistake'Typo' in the agreement executed between builder and seller which is executed before 18 years 'the mistake is agreement says the house is in first floor and the actual property is in ground floor', and to make it legally correct the document need to be done.Can we correct the same agreement by getting counter sign from both in the document or should this mistake be mentioned in a separate stamp paper and getted corrected.please suggest.
Asked 7 years ago