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I am planning to purchase a society flat in Ghaziabad. All property documents have been verified, but the seller is asking for ₹7-8 lakhs as token money. Is it safe to pay such a large amount as token money?
It is advisable to be cautious about paying large sums as token money. Ensure that the agreement clearly states the terms, and consider legal advice before making such a payment. It is always better to get a formal written agreement from the seller. For further legal assistance contact us on our helpline number.