What action should I take against the seller's additional demands?
We entered into a Memorandum of Understanding (MOU) with a notary for purchasing a home. I paid ₹10 lakh to the seller, with a total house price of ₹13 lakh, leaving a pending balance of ₹3 lakh. However, after five years, the seller is now demanding an additional amount or threatening to cancel the MOU. Please advise on the appropriate course of action.
In your situation, the Memorandum of Understanding (MOU) serves as a binding agreement, and the seller cannot unilaterally demand additional payment or cancel it without valid grounds. Since you have already paid ₹10 lakh toward the total price of ₹13 lakh, you have a legitimate claim to the property. To address the seller's demand, respond formally. If they persist in their demands or attempt to cancel the agreement, consider seeking legal advice. You may need to file a suit for specific performance to enforce the MOU and protect your rights to the property.
Sir, if seller is demanding more money and refusing to comply with the said MOU, you have every right to file a suit for breach of trust/contract. We would suggest you to hire an expert lawyer who will guide you with the best course of action. For further legal assistance contact us on our helpline number.
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