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).
- 1. 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.
- 2. CURE POSITION
Seller cure position: Seller received written cure request and did not cure within agreed period.
- 3. RESCISSION
Buyer election: Buyer rescinds the agreement and demands restitution.
- 4. REFUND
Refund demanded: ₹50,00,000 (Rupees Fifty Lakh only). Additional presently claimed amount: ₹0 (Rupees Zero only). Deadline: Within seven days of notice.
- 5. DOCUMENTS AND RESERVED RIGHTS
Document return: Buyer will return seller documents after cleared refund. Rights reserved: Buyer reserves contractual and legal remedies for loss caused by defective title.
This notice relies on the identified title defect and does not make a judicial declaration of title.
- 6. SIGNATURE
______________________________
Signature
Buyer/authorised signatory: Aarav Sharma
Place: ____________________
Date: 2 April 2026
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 buyer's title-defect rescission and restitution demand, communicate about that purpose, verify expressly supplied transaction information, and retain an evidentiary record.
The record will be held by Kagaznama 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 privacy@example.com. 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.