Bank lawyers false reportabout home loan

Querist : Anonymous (Querist) 13 November 2011 This query is : Resolved
SIR,
I APPLIED FOR A HOME LOAN IN SYNDICATE BANK MAHANAGAR BRANCH LUCKNOW(U.P)DT ON 08/02/2011
WHICH WAS APPROVED ON THE BASIS OF NON ENCUMBRANCE CERTIFICATE & LEGAL REPORT ON DT 17/02/2011.AFTER THAT BANK SANCTIONED Rs 1200000 ON DT 22/02/2011.AND I GOT REGISTERED THE HOME ON THE SAME DATE.AFTER THE REGISTRY IT WAS FOUND THAT THE ABOVE MENTIONED HOUSE WAS ALREADY REGISTERED THROUGH AN AGREEMENT DT ON 23/10/2010.BUT THIS AGREEMENT WAS NOT MENTIONED BY THE BANK'S LAWYER IN HIS REPORT.AND FURTHER THE SECOND REGISTRY WAS DONE TO ANOTHER PERSON ON DT 26/04/2011.SIR NOW WE ARE IN GREAT TROUBLE THAT BANK HAS GIVEN (1200000 Rs)ON A SOLD PROPERTY.SIR I WANT YOUR SUGESSION ABOUT WHAT SHOULD I DO AGAINST BANK.SIR THE HOUSE WAS IN OUR POSSESSION BUT THE ANOTHER PARTY IS A HIGH LEVEL GUNDAS THEY ARE NOT WILLING TO LIVE IN THE HOUSE AND LOCKED THE HOUSE.SIR ITS A BLENDER MISTAKE BY THE BANK'S LAWYER AND IN SUCH A LOT OF DISPUTES HOW SHALL I PAY THE LOAN OF THE BANK.
PLEASE HELP ME BY GIVING YOUR ADVICE THAT WHAT SHOULD I DO ?
THANKING YOU

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Querist : Anonymous (Querist) 13 November 2011
LEGAL ADVICE ABOUT UNAUTHENTIC HOME LOAN

ajay sethi (Expert) 13 November 2011
when you were purchasing property you ought to have done due diligence . you should have taken 30 years search of the property before buying the same .

if second registry is of subseqent date ie in april 2011 how could bank lawyer have known when he submitted his report in February 2011

your cause of action is not against bank lawyer but against seller who has sold property twice .
consult a local lawyer

mr shailesh shah Mr prbahakar singh from lawyers club are from UP . you will have to file civil/criminal complaint against seller

Querist : Anonymous (Querist) 13 November 2011
SIR IS THERE NO IMPORTANCE OF REGISTERED AGREEMENT WHICH WAS EARLIER DONE DT ON 23/10/2010 AND DID NOT MENTION BY THE BANK LAWYER AND HE SUBMITTED HIS REPORT THAT THE HOUSE IS FREE FROM ALL DISPUTES

Querist : Anonymous (Querist) 13 November 2011
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ajay sethi (Expert) 13 November 2011
besides bank lawyer you are required to do due diligence . if bank lawyer had failed to report about registry done in OCtober 2010 it does not absolve you of responsibility of checking the title to property .
that is why we always advice querist to check the title deeds before buying property .

file criminal case of cheating etc against seller .

Raj Kumar Makkad (Expert) 13 November 2011
A buyer cannot be exonerate from his duty to be vigilant about valid title of seller.

Arun Kumar Bhagat (Expert) 13 November 2011
Registered agreement and Registered Conveyance deed is different. A registered agreement shall not affect your right.

prabhakar singh (Expert) 14 November 2011
Bank lawyer may be responsible to bank.

What about you??

Buying such a great valued property without any independent legal help?? does not it amount to your negligence???

When it was your duty to look towards lawyers
you did not bother for,now looking for a pool of opinion.

After an air crash only report can be prepared why the crash took place ??
The crash it self can not be stopped as that has already happened.

When there was an agreement to sale registered in favor of a third party your seller was not authorized in law to sale you until cancellation of that agreement.In law deemed notice would be presumed against you as well as against bank of that agreement.

The seller has defrauded so has done the bank lawyer.Now instead of wandering here
visit a chamber of lawyers both dealing civil and criminal cases and act accordingly.

Sailesh Kumar Shah (Expert) 14 November 2011
agree with all. Lodge FIR immediately, it would be helpful to get at least recover given money.

Bank lawyers false reportabout home loan

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