What is token money? Is it refundable?

[@Naveennci]

Token... is.... Token..... Not meant to return back.... Unless and until if any fault or misinformation from seller side...

[@swapniljoshi3313]

Sir you didn't explain what if seller back's out of the deal after say 20 days?

[@steffigeorge3954]

Here I have a question what if the buyer has not backed out after submitting the token money but the seller has sold the house to some other buyer for lease and yet they are not returning the money and keep on saying that the owner will return the token after 1 week 2 week and yet they are not keeping up their promise and also we don't know whether the money is really there with the seller or the broker What is the solution for this situation?

[@Ashish20Gaikwad]

My dear Token amount is always refunded as per RERA law to buyer. Improve your knowledge regarding RERA in India

[@desipunjaban9197]

Thanks for the kind information....gid bless you...i subscribed btw 😊

[@dineshgupta-cx2ht]

If something is wrong in property status which was conceal and byer came to know after a month then?

[@sunildorai4069]

Thanks for giving us the clarity. It's a very important topic to understand. Fantastically explained !!!

[@rk.ravikewalramani]

Thank you

[@abdellsut]

Buyer has to pay 3 times the monthly rental per month. With a common guarantee person

[@Rick01776]

Escrow account is the answer. Unfortunately not many banks have this yet.

[@skadvani]

You are correct. But to be on the safer side it is better to go for a brand new property directly from the builder if possible. I know this would not be possible or practical so one needs to tread very cautiously. Nevertheless thanks for your amazing videos.

[@rk.ravikewalramani]

Thank you

[@binitapatel5214]

I have taken less than 3% as a token amount and after more than 1.5 month buyer is backing off... I have already lost one interested party (this buyer is also aware about him as both came exactly at same time and I had given this party preference as they were 1st to reach out to me) and now that 2nd party is also negotiating on price and asking to lower property price more by 4-5% as it's my need now In this condition do you think I have to return Token amount?

[@azaichemjoungsubba5071]

Seller building plan is not approved and has many faults ! Is there a chance to get token money back? Please help

[@StockBuzz2021]

sir if seller came to know he is selling property less than market price so can seller backout with deal and can return the token amount to buyer ?

[@vickykumar1922]

Thankyou so much sir 🙏🏾♥️

[@DiptiSK5]

What about the builder and the buyer situation? Think as per RERA 100% refund has to happen.

[@vijayatarange3640]

Can we get our tokan money refund from the owner on rented flat?we given token of 20k and after that canceled that flat but owner is now not answering the call,how to proceed further.we did police complaint also.but they are not supporting on this

[@mountsumeru8237]

Amazing information thanks sir.

[@shadabsiddiqui4967]

Please show some 1bhk in lokhandwala if there any for outright.

[@dudu4741]

Mere pass available hai Aapko kis budget me chahiye plz rply

[@ron5846]

Sorry the buyer is not justified in asking for a refund after an agreement, no matter what the situation is………….

[@aniruddhakhunte1594]

Think from byers point of you, if he already given a token amount to seller, Den, any serious medical emergency comes in his family and medical emergency, we don’t know when can come so in that case what will be the situation for buyer according to me he should get his full token amount back

[@angeleyes9547]

Only if u hv signed any mou for refund

[@rk.ravikewalramani]

There are many unfortunate event that could happen in the transaction time. However it has to be fair for both ends.

[@patanjaliswamiramdevproduc3310]

I got refund frm builder