Resale of a flat
Bedisha
(Querist) 18 June 2012
This query is : Resolved
Hi,
I am planning to buy a flat which is currently owned by a company. The company is a partnership between 3 brothers. Though the flat is in the name of the company, can there be unseen complications ? Also is there a higher risk compared to buying a flat from an individual ?
What are the documents i should ask for verification before i give the booking amount?
Also the owners have asked me to do an online transfer before they give me the papers, is there a way of retrieving the amount if in case i choose not to proceed with the purchase?
Shonee Kapoor
(Expert) 18 June 2012
There is no risk if the company is selling it after a resolution.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
Sankaranarayanan
(Expert) 18 June 2012
what way you feel un easy and where the complication arose.
Advocate Bhartesh goyal
(Expert) 18 June 2012
First you ensure that resolution in regard to sale of flat has been passed by board of directors of company or not,secondly get it checked that property which is being sold by company is mortgaged or not.
Sankaranarayanan
(Expert) 18 June 2012
make agreement what amount u pay u mentioned and pay as amount for buy that property and paid by electronic form like that
Bedisha
(Querist) 18 June 2012
the complication is the owner is asking me to transfer 50K before he shares the sale deed. My concern is if the papers are not in place and we decide not to buy it, can we still go retrieve the money ?
