sarfaesi act

rahul bora (Querist) 24 September 2010 This query is : Resolved
what should one do after getting the sale certificate from the authorised officer for an immovable property to transfer the property to himself?

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s.subramanian (Expert) 24 September 2010
Sale certificate itself is the instrument of transfer. No further documentation is required.

Uma parameswaran (Expert) 24 September 2010
Sale certificate is a right document and no further formalities needed.

R.Ranganathan (Expert) 24 September 2010
You have become the owner of the property on the issue of the sale certificate by the Bank and the same is registered with the Sub Registrar's office. This is the document proving your ownership to the property. You don't need any other document.

Chanchal Nag Chowdhury (Expert) 28 September 2010
The property already stands transferred. U may now proceed to Mutate your name with the local authorities.

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