Real Estate Dispute Resolution

Summary

If a house owner misrepresented the propertys condition, your friend might have a case for fraud or misrepresentation. The e-stamp agreement could still be enforceable, depending on its terms. The existing loan on the house complicates the situation but doesnt necessarily negate your friends rights. Your friend should review the agreement, gather evidence of misrepresentation, and consult a local lawyer for tailored advice and potential legal action.

Full Conversation

Hello sir, my friend has given * lakh advance to the house owner to buy a house and written an e-stamp agreement affidavit stating that it will not be repaid. But the condition of the house is not good in some places and he said that there is no refund for the money given in advance. But the house has a loan of * lakhs in the bank. It is not a crime that the owner of the house entered into a house estamp agreement with my friend without informing the bank and tell me correctly how to get my friend's money sir
Can you please let me know the location (city/state) where this transaction took place? This will help me provide more specific information based on local laws.
Karnataka india
In Karnataka, the following points can be considered:
- If the house owner misrepresented the condition of the house, your friend may have a case for fraud or misrepresentation.
- The e-stamp agreement may still be enforceable despite the condition of the house, depending on the exact terms.
- The loan on the house complicates the matter, but it doesn't necessarily negate your friend's rights.
To proceed, your friend should:
- Review the exact terms of the e-stamp agreement.
- Gather evidence of misrepresentation (e.g., photos, communications).
- Consult a local lawyer for tailored advice and potential legal action.
Would you like information on how to contact a local lawyer?