My father, without our knowledge, made an agreement to sell our agricultural land, which was inherited from our grandfather, and kept the proceeds for himself. Despite our family members' objection, he wrote all the agreements and didn't give us any share of the money. The people who gave the money to my father are now demanding either the land registration or a refund, threatening legal action. Although my father is currently unreachable, he is still making calls.
I am considering a proposal to sell the land to the buyers now, give them their money back within a year, and repurchase the land with the condition that it will be sold back to our family. However, this option may not be legally enforceable and requires the consent of all parties involved. In this situation, seeking legal advice is advisable to protect our rights and negotiate with the buyers and my father for a satisfactory solution. Time is of the essence, and prompt action is necessary to avoid potential legal consequences.
Without the knowledge or consent of your family members, your father sold a piece of land that was inherited from your grandfather. He kept all the proceeds for himself, and now the buyers are demanding either the land registration or a refund, threatening legal action otherwise. Your father is currently unavailable, but he is still making phone calls.
As for your proposal to sell the land to the buyers and repurchase it within a year with the condition that it must be sold back to your family, this could be a possible solution, but it would require the agreement of all parties involved. Furthermore, it may not be legally enforceable, and your family members might not be interested in pursuing such an option.
In light of the circumstances, seeking legal advice is recommended to understand your rights and obligations. You may need to negotiate with the buyers and your father to come to a resolution that is satisfactory for everyone involved. It is important to act quickly and responsibly to avoid any potential legal consequences.
