REFUND OF EARNEST MONEY LETTER
Date: 1 April 2026
To Aarav Sharma, Sector 21, Panchkula, from Harpreet Singh, Sector 35, Chandigarh.
Property: Plot 118, Sector 35-A, Chandigarh (Plot/land), Residential plot measuring 500 square yards.. Transaction reference: Agreement to Sell dated 01 August 2026.
Earnest money originally received: ₹5,00,000 (Rupees Five Lakh only).
REFUND
Reason: Transaction cancelled by mutual consent. Details: Loan condition was not met and both parties agreed to cancel..
Refund amount: ₹5,00,000 (Rupees Five Lakh only). Deduction status: Full earnest money refunded without deduction.
Refund mode: Bank transfer. Reference: UTR HDFC260915500. Refund date: 2 April 2026.
EFFECT
Settlement effect: Refund settles only the earnest-money amount and does not waive unrelated claims.
This letter records the return of earnest money. It does not by itself cancel a registered conveyance or waive claims beyond the scope stated above.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
Personal data in this document is collected only to record and evidence refund of earnest or token money on the cancelled property transaction, 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.
Personal-data instruction: I consent to the collection and use described in the Personal Data Notice.
Record-holder: Kagaznama
SIGNATURE
______________________________
Signature
Refunding party: Harpreet Singh
Place: ____________________
Date: 1 April 2026