Kaagazaat

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Notice of Forfeiture of Earnest Money

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  1. The property and the default
  2. Seller and buyer
  3. The earnest money
  4. Notice terms and signing

Step 1 of 4

The property and the default

What property does the transaction concern?Needed

Include plot/unit, area and project details.

A long answer. Several lines are fine, and a break you make between paragraphs is the break the document keeps.

For example: Residential plot measuring 500 square yards.

For example: Agreement to Sell dated 01 August 2026

A calendar date — the day, the month and the year. Dates in a document like this are read against one another, so a date typed here can change what another date is allowed to be.

For example: 10 September 2026

More details — you may leave these

A calendar date — the day, the month and the year. Dates in a document like this are read against one another, so a date typed here can change what another date is allowed to be.

For example: 15 September 2026

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The live draft

The draft, as it stands

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A long blank line — __________ — stands wherever an answer has not been given. It is left that visible on purpose, so an unfinished document cannot be mistaken for a finished one.

No answer has been given, so every place a detail belongs is standing blank. The shape of the document is worth reading even now.

NOTICE OF FORFEITURE OF EARNEST MONEY

Notice date: __________

From __________, __________, to __________, __________.

Property: __________ (__________), __________. Agreement: __________. Earnest money paid: __________.

  1. ALLEGED DEFAULT

Default: __________. Details: __________. Performance due: __________.

  1. SELLER READINESS

Seller position: __________.

  1. OPPORTUNITY TO CURE

Notice position: __________.

  1. FORFEITURE POSITION

Legal/contractual position asserted: __________. Amount presently proposed for retention: __________.

Compensation basis: __________.

  1. EXCESS

Treatment of any excess: __________.

This notice states the seller's claim and does not convert a disputed forfeiture into an adjudicated entitlement.

  1. SIGNATURE

Seller/authorised signatory: __________

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

Personal data in this document is collected only to issue and retain the seller's reasoned earnest-money forfeiture claim following an alleged buyer breach, communicate about that purpose, verify expressly supplied transaction information, and retain an evidentiary record.

The record will be held by __________ and may be shown only to the buyer, seller, promoter/developer, authorised broker, advocate, lender, escrow holder, tax adviser, registering authority or other person directly involved in the stated cancellation, refund or settlement.

If the transaction is abandoned without a completed settlement, personal data will be retained for 90 days from that decision and then erased. If a cancellation, refund or settlement is completed, the record will be retained for that matter plus 12 months, except where a statute requires a longer named retention period.

A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to __________. The record-holder should acknowledge and respond within 30 days.

Data minimisation: this document does not collect a full Aadhaar number, an Aadhaar-card copy, a password or bank credentials, and none should be written into it. Use only transaction references and identity particulars genuinely required for the stated purpose.

Personal-data instruction: __________.

Record-holder: __________

The rest stays out of view until every answer is in.

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NOTICE OF FORFEITURE OF EARNEST MONEY

Notice date: __________

From __________, __________, to __________, __________.

Property: __________ (__________), __________. Agreement: __________. Earnest money paid: __________.

  1. ALLEGED DEFAULT

Default: __________. Details: __________. Performance due: __________.

  1. SELLER READINESS

Seller position: __________.

  1. OPPORTUNITY TO CURE

Notice position: __________.

  1. FORFEITURE POSITION

Legal/contractual position asserted: __________. Amount presently proposed for retention: __________.

Compensation basis: __________.

  1. EXCESS

Treatment of any excess: __________.

This notice states the seller's claim and does not convert a disputed forfeiture into an adjudicated entitlement.

  1. SIGNATURE

Seller/authorised signatory: __________

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

Personal data in this document is collected only to issue and retain the seller's reasoned earnest-money forfeiture claim following an alleged buyer breach, communicate about that purpose, verify expressly supplied transaction information, and retain an evidentiary record.

The record will be held by __________ and may be shown only to the buyer, seller, promoter/developer, authorised broker, advocate, lender, escrow holder, tax adviser, registering authority or other person directly involved in the stated cancellation, refund or settlement.

If the transaction is abandoned without a completed settlement, personal data will be retained for 90 days from that decision and then erased. If a cancellation, refund or settlement is completed, the record will be retained for that matter plus 12 months, except where a statute requires a longer named retention period.

A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to __________. The record-holder should acknowledge and respond within 30 days.

Data minimisation: this document does not collect a full Aadhaar number, an Aadhaar-card copy, a password or bank credentials, and none should be written into it. Use only transaction references and identity particulars genuinely required for the stated purpose.

Personal-data instruction: __________.

Record-holder: __________

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