We went through byanah process of a hours four months back. The seller had a stamp paper written three years rent agreement with tenants of the house which he did not tell us during byanah.
The tenant initialy refused to empty the house and later they agreed but they are asking for four months from now to empty the house.
Now, the byanah is fur months old and the planned date of house transfer is passed one month.
We have fear in mind that the house price is increasing and that might change the mind of the seller if we waited for long.
The seller ( he need money badly) has asked us to proceed with with registry and get the house transferred to our names. Pay his all money excet the 20%. He propsoed to pay the remaing 20% after four months from now when we get possession of house.He said that we can write a new rent agreement with the tenants.
Whats your opinion on this matter. Is the current situation in which we are stopped with bayanh is more secure or the prposed one?
Is that legallyacceptable?
Is there any potential threat in this?
Is 20% money ok or we should keep more money?
Some people told me that we can secure ourself by submitting the rent agreement in police station and police will get the house meptied if the tenant did not empty in next few months? Is that credible ?Do police and law support?
Please provide your advise.
Thanks in advance.
Google it
First get the house empty and then get possession by paying balance.
After I involved powerful influenial people and pressurized that person, I got the house a year back. Its a seven month long headache.