📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • âś–

      Question

      If the buyer has paid the purchase money and the seller

      has not delivered the possession of property within reasonable time, buyer can:
      A Wait for seller to deliver possession of property. Correct Answer Incorrect Answer
      B Cancel the sale immediately Correct Answer Incorrect Answer
      C Buyer can charge interest on purchase money paid Correct Answer Incorrect Answer
      D Buyer can give him a notice to deliver possession Correct Answer Incorrect Answer

      Solution

      As per section 55 of the Transfer of Property act, buyer can charge interest on the purchase money paid from the date of payment till the date of delivery of property or execution of sale deed.

      Practice Next
      More Other Laws and Acts Questions

      Relevant for Exams:

      ask-question