Home loan on unregistered agreement
Yatin Ruparel
(Querist) 29 December 2012
This query is : Resolved
I want to purchase one flat in registered society, but before giving token i referred the documents. I Noticed that there is no registration & payment of stamp duty is not proper for Previous 2 agreements which is made in 1986 & 1992. Let me know there is any legal problem for purchasing this flat if my seller pays only stamp duty for both agreements without registration. since as per enquiry we got the response there is not possible to registration of old agreements if other parties of agreement is not treceable.
If there is no legal problem then can bank will sanctionedHome Loan on that paper..
Please guide me or suggest any alternative for registration of old agreements without second party...
Devajyoti Barman
(Expert) 29 December 2012
Since previous documents were not properly stamped, it is not advisable to purchase the property unless the previous sellers and buyers are added as party to your sale deed.
ajay sethi
(Expert) 29 December 2012
it is not necessary to register agreement for purchase of flat on resale basis in a cooperative society . however problem is that no bank will give you loan if earlier agreements not regd . bank wants title clear and marketable .
R.K Nanda
(Expert) 29 December 2012
agree with expert Sethi.
ajay sethi
(Expert) 30 December 2012
thanks for your appreciation
Yatin Ruparel
(Querist) 31 December 2012
But one of the member of that society received loan...
Raj Kumar Makkad
(Expert) 31 December 2012
If original owner is ready to execute fresh agreement in your favour, htere is no problem for either bank or you to do the needful.
Guest
(Expert) 10 December 2014
Well Attended
Anirudh
(Expert) 10 December 2014
SHAME ON THIS FELLOW TO ATTEND THIS ONE YEAR OLD QUERY.
HE IS TRYING ALL THESE GIMMICS TO HIDE HIS FALSE AND FRADULENT PROFILE.
This fellow cannot even be a last person one can consult for any advice.
This fellow is good for nothing. Many a times he gives advices which are not supported by law.
TAKE THIS FELLOWS FALSITY IN HIS PROFILE. THIS FELLOW ATTACHES MORE IMPORTANCE TO THE PROFILE, WHILE HE IS FILLING UP TOTAL FALSE HOOD IN HIS PROFILE.
please visit the following link:
http://www.lawyersclubindia.com/lawyers_search/N-J-S-Rajkumar-alias-narasimha-254519.asp#.VIcRwmeHPFx
where he claims that he is practising from 2001, while as already indicated by me, he was enrolled only in the year 2012!!! CAN ANYBODY PRACTICE BEFORE ENROLMENT? IF ONE DOES SUCH A PRACTICE IS HE NOT FIT TO BE CALLED A "FRAUD"?
N.J.S.Rajkumar alias narasimha's Details
Listed Under
Business Law
Civil Law
Criminal Law
Practicing Since
2001
Specialization
SEBI and SEBI RELATED CASES
Court
Others
Address
54,PARASURAMA EASWARAN KOIL WEST MADA STREET,AYANAVARAM,CHENNAI 600023
Other Details
rajkumar_wins@rediffmail.com 9444036927
Therefore, before taking advice, the querist should be too careful
