NOTICE OF RESCISSION FOR DEFECTIVE TITLE
Notice date: 2 April 2026
From Aarav Sharma, Sector 21, Panchkula, to Harpreet Singh, Sector 35, Chandigarh.
Property: Plot 118, Sector 35-A, Chandigarh (Plot/land), Residential plot measuring 500 square yards.. Agreement: Agreement to Sell dated 01 August 2026. Buyer payments: ₹50,00,000 (Rupees Fifty Lakh only).
- TITLE DEFECT
Defect type: Undisclosed mortgage or charge. Details/evidence: Search reveals registered mortgage to ABC Bank not disclosed in agreement.. Discovered: 1 April 2026.
- CURE POSITION
Seller cure position: Seller received written cure request and did not cure within agreed period.
- RESCISSION
Buyer election: Buyer rescinds the agreement and demands restitution.
- REFUND
Refund demanded: ₹50,00,000 (Rupees Fifty Lakh only). Additional presently claimed amount: ₹0 (Rupees Zero only). Deadline: Within seven days of notice.