Legal Question in Real Estate Law in India

Possession amount

My builder is saying that possession amount should be paid in cash or DD, Would like to know how the possession amount should be paid, cash, DD or cheque. I would like to make payment as Cheque. Should the builder have any objection to it? Kindly suggest.


Asked on 5/20/09, 8:52 am

3 Answers from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Possession amount

Your statement does not involve any legal issue for opinion.

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Answered on 5/21/09, 11:15 am

Re: Possession amount

you should give the payment by cheque. If he insists then get the DD receipt.

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Answered on 5/20/09, 9:16 am
Shrichand Nahar S.V.Nahar, Advocate

Re: Possession amount

You can offer to builder the cheque with liberty to deliver possession on encashment or realization of cheque.

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Answered on 5/21/09, 1:34 am


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