I am selling one plot in DHA. I have got biyana, biyana document is sign by us but buyer was away therefore he didn't sign but they gave his cheque and the money got transferred and his cousin gave me his id card copy. Are there any risks involved if biyana agreement is not signed by the seller? if they delay payment beyond the agreed final payment date will there be any problem.
ABC replied on Tuesday, January 6, 2015 03:56 PM
Be linent in business. Other party paid you without signing and trust on you. Last month I wrote a sale deed with other party and mentioned that I will return advance amount if he wouldn't be able to pay by given time. you can define your rules |
AM replied on Tuesday, January 6, 2015 05:11 PM
There is a saying you need some one to shave your head. You must involve a credible property dealer in a sale purchase deal to avoid similar situation. |
Zafar replied on Wednesday, January 7, 2015 07:44 AM
There is one correction to my question, biyana is signed by the seller but not by buyer and he gave biyana amount what are the risks involved, if he don't pay the final amount? |
Tahir replied on Wednesday, January 7, 2015 08:26 AM
amount return karr doo bahi, woh tumey Duyain da gaa |
well wisher replied on Wednesday, January 7, 2015 09:57 AM
no problem in that , but only hand over the covering letter (DHA will give u that on transfer day , after signing transfer docs) after recieving the full payment and go for transfer only after seeing payorder copy |
Masood replied on Wednesday, January 7, 2015 11:40 AM
There is no risk for you but risk for buyer. if he is ok without signing then no issue procede and when he will pay you full amount by Pay order then only you have to hand over him a final letter. which is called(covering Letter) without that he cant do any thing to transfer your plot on his name.and you can claim if any thing goes wrong. |
Masood replied on Wednesday, January 7, 2015 11:40 AM
There is no risk for you but risk for buyer. if he is ok without signing then no issue procede and when he will pay you full amount by Pay order then only you have to hand over him a final letter. which is called(covering Letter) without that he cant do any thing to transfer your plot on his name.and you can claim if any thing goes wrong. |
Masood replied on Wednesday, January 7, 2015 11:47 AM
If he dont pay final amount then you hold that covering letter until you get full payment. and if he with draw from deal then he cannot claim that biyana which he has given.
So dont worry and go ahead with the name of Allah. |
aamir replied on Wednesday, January 7, 2015 12:48 PM
No risk at all for seller but for the buyer. |
Zafar replied on Wednesday, January 7, 2015 03:43 PM
Thanks all, especially Masood, aamir, ABC, Am well wisher. |
