We were looking for a second sales flat and have found one and have applied for bank loan. The owner of the flat has the original sale deed registered in his wife's name. The original sale deed previous to this ie showing the undivided share of his flat from the builder (Sale deed between the land owner and the builder) is missing. Have approached the builder for the same. My loan has been sanctioned in the bank and the bank is expecting the original sale deed (between the land owner and the builder) to disburse the loan amount.
Builder had agreed to check whether it is in his possession. But what would be procedure if that deed is not found?. Can we apply for another registered copy, after publishing about the loss in the newspapers?
Can anyone brief me about the procedure involved in this?