Complete Guide to Property Purchase Agreement | Legal Action If Seller Backs Out (77)

Описание: 🏡 Buying property is a major life decision, and the "Agreement to Sell" is its most critical document. A single mistake can lead to lengthy legal disputes. In this detailed video, Advocate Naresh Kudal of Vidhan ka Gyan explains how to draft a legally sound property sale agreement and what to do if the seller refuses to honor it. From the essentials of the Indian Contract Act to remedies under the Specific Relief Act, this guide covers everything you need to know to protect your investment and ensure a smooth transaction.

Learn how to handle situations where:
✅ The seller, after taking an advance (bayana), refuses to proceed with the registry.
✅ You need to understand the legal validity of your agreement.
✅ You want to explore legal options like filing a civil suit or an FIR.

In this video, you will learn:
📜 Drafting a Foolproof Agreement: Learn the essential clauses that must be included in any property sale agreement, such as party details, property description, payment schedule, and default clauses.
⚖️ Legal Requirements: Understand who is legally competent to enter into a contract as per the Indian Contract Act, 1872.
📄 Stamp Duty & Registration: Find out the importance of using the correct value stamp paper and why registering your agreement is crucial for its legal enforceability.
🛠️ Legal Remedies: Discover the powerful legal remedies available to a buyer if the seller backs out, including filing a suit for specific performance under the Specific Relief Act.
👮 Civil vs. Criminal Action: Understand the difference between filing a police complaint (FIR) for cheating and a civil suit to enforce the agreement, and which path is right for you.

🕒 Timestamps:
00:00 - Introduction: The Importance of a Property Agreement
01:07 - Who is Legally Competent to Make a Contract?
01:52 - Essential Details to Include in Your Sale Agreement
03:18 - Stamp Paper and Registration: Why They Are Crucial
04:19 - Legal Action if Seller Refuses to Sell the Property
05:01 - Criminal Case (FIR) vs. Civil Suit: What to Choose?
06:19 - Conclusion

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Disclaimer:
The content provided in this video is for informational and educational purposes only. It does not constitute legal advice. Viewers are advised to consult with a qualified legal professional for advice regarding their individual situations, as the legalities can vary based on specific facts and jurisdiction.

Thanks for watching,
Team Vidhan ka Gyan,
Advocate Naresh Kudal