Conveyance Deed not assigned by the Builder to the Society
Querist :
Anonymous
(Querist) 20 May 2010
This query is : Resolved
Dear Sir,
We are in the process of purchasing a resale flat in a co-op society. We are the 4th purchaser and have got our agg-to –sell registered and applied for home loan. We have copies of registered agg-to-sell between the builder & the 1st buyer, then registered agg-to-sell between the 1st and the 2nd buyer, this 2nd buyer had taken a bank loan and the NOC is addressed to the builder as the society was not formed at that time and also the sale deed was not made. There is deed-of-assign/transfer between the 2nd & the 3rd buyer. All the other papers are in place. I cam e to know today from the builders advocate that the Conveyance Deed has not yet been assigned by the builder to the society. What can be done to make our case strong. Is the issue with Missing Sale deed between the 1st & the 2nd buyer or Conveyance Deed not in place by the builder, Please advice what should be done to make our purchase clean and legal. Thanks.
Devajyoti Barman
(Expert) 30 October 2010
Lodge a complaint to the consumer for the relief required.
