lost sale deed
Ashish
(Querist) 16 March 2011
This query is : Resolved
If a sale deed took place between two parties A and B where A want to sale house to B but A lost his own original sale deed. Sale deed between A and B says that B would pay the amount to A by bank loan within certain number of days. There is no cancellation or penalty clause in Sale deed. Now B want to apply for bank loan but bank need original sale deed from A , what should be done in that case ? B can not pay to A without loan and bank do not give loan to A without original sale deed from A. This is a kind of deadlock.
M.Sheik Mohammed Ali
(Expert) 16 March 2011
you can take dublicate copy at regiter office at your location they itself mentioned that its dublicate, after that A give affidavit with dublicate copy to B for taking loan.
