Can property be purchased without making an agreement?
Doubtful about a property purchase without any formal agreement with the seller? Check out the advice provided on this confusing property deal, whether or not it would be possible and if it is legally acceptable.
I came across one purchaser who is ready to buy a prime property worth crores of rupees but put a rider to the seller that you would not need to pay an advance and go for direct registration on a fixed date as the deal would be done through the bank transactions. Normally, every seller would expect an agreed amount as advance, and express conditions will be written for it which is mutually agreed upon, and then the balance paid at the time of registration.
Can we believe this kind of rigid condition by the buyer to get into any property deal?