Selling a property in dispute is legally complex and often challenging, as it involves conflicting claims to ownership or other legal issues. While it’s technically possible to sell such a property, there are significant risks involved for both the seller and the buyer.
Firstly, the buyer may be hesitant to purchase a property that is under dispute, as they may inherit the legal issues and potential liabilities associated with it. This could result in difficulty obtaining financing or insurance for the property, and may ultimately lead to the buyer backing out of the sale.
Secondly, selling a property in dispute can lead to legal complications and disputes between the parties involved. If the dispute is not resolved before the sale, it could result in litigation between the buyer, seller and any other interested parties. This could be time-consuming and costly, potentially resulting in financial losses for all involved. However, this process can be lengthy and may require the involvement of best property dispute lawyers in India.
Ultimately, selling a property in dispute is a risky proposition that should be approached with caution. It’s essential for both the seller and the buyer to seek legal advice and fully understand the implications of the dispute before proceeding with the sale.