I have registered sale agreement with builder.But I could not arrange the balance amount and therefore I could not pay.what is its effect?
2 Answers from Attorneys
The consequences of non-payment are also a part of the agreement. You may carefully read your agreement understand relevant clause. If you have any difficulty in understanding meaning of this clause, you may reproduce here for guidance.
Dear Sir / Madam,
Since you are backing out of the Agreement, the conditions specified in the Agreement / Sale Deed will apply.
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