Q: We had entered into collaboration agreement with the builder in that we have agreed on doing registry when building structured is ready . Now the builder pressuring us on the registry. We need to be save as the floor prices have slashed and builder is doing the work very slow and not upto the mark as earlier. We need advice on CONDITIONAL REGISTRATION OF THE FLOOR IN NAME BUILDER so that we have be save and if he didn't fulfill the conditions we can get the registry cancelled.
Hi, As you have already entered into collaboration agreement with the builder, strictly adhere to the terms and condition. You might go for conditional registration for the property if the builder agrees and you can include your terms and conditions in the agreement to check construction quality. You can also hire a legal expert to help you on what can be done for the conditional agreement for the property and what terms and conditions you can include in the agreement. Thank you.