Hi, We are purchasing a Commercial Property from a Vendor & same he has purchase from the Builder.
Qtn 1). I want to know what agreement should between the Vendor & us, Sale deed or Transfer deed. (Building is C.H.S)
As the Vendor has purchased the said property in feb 2006, should we have to search in the sub registrar regarding the Property Title Clearance , Litigation, Law Suit etc from Feb 2006 or of the last 30 Years,
As the Builder has already done the same as it is mentioned in the First Sale Agreement between the Vendor & the Builder, in which all the details are mentioned regarding the law suit & it is free from encumbrances
Qtn 2). Should we have to search for the property Title clearance for the Office which we are purchasing from Vendor's sale agreement 2006 or of last 30 years.
Kindly guide me.
Deepak Parmar