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Salvador Xavier (Dy. Manager)     24 February 2012

Noc from society or builder

Hi, I am working with a NBFC in mortgage dept, I would like clarification on NOC from Society or Builder document that is provided in most mortgage cases. If we receive a 2 page noc from builder or society on their letterheads do we need initials/Signature and stamp of sociecty/builder on both pages or only last page would suffice.  

Pls advice if sign/stamp not done on 1st page would have any legal complications. 

Noc from Society needs to have signature of Chariman and Secretary or any one would suffice.

 

Regards,

Salvador.



Learning

 2 Replies

adv. rajeev ( rajoo ) (practicing advocate)     24 February 2012

On every page of the NOC siganture of the secretary or chairman of society is not necessary, but it is better to take the signatures on every page.

Bharatkumar (ADVOCATE )     25 February 2012

initials sign in first page (every page) and last / second page full sign with stamp of society chairman/ secretary  / builder firm.


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