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jakkireddysureshreddy (Education)     23 February 2019

What happens i purchase a mortagaged property

Respected Advocates, I purchased an AGRICULTURAL LAND and got it REGISTERED but later i came to know that it was MORTAGAGED TO A BANK.Now what is the legal remedy OR What is the process?The seller is saying that , it is not his mistake ,and he is arguing that it could have been purchased after checking throughly.Please advice me.
 
Regards and Thanking You Sir, Suri

 


Learning

 2 Replies

Shashi Dhara   23 February 2019

The bank has right and priority to sale the land.u talk with bank clear the debt.

Shashi Dhara   23 February 2019

U file suit against seller and recover money.

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