Payment by cheque or online transfer on the date of registering property
Is it necessary to pay cheque or any online transfer of cash on the same date i.e the date of registering a property? If not, then how much time a buyer have to pay money to seller via digital options or cheque?
It depends on where you are entering into the transaction. This understanding is mostly between the partie engaging in the transaction. If the seller is agreeing to receive money at a later date it can be fine but for sale to be registered it may be required to show that payment has be done. Please tell us the state concerned.
Book a phone consultation with a top-rated lawyer on Lawfarm.