Shray Narula
01 October 2018 at 15:40
Hi, I'm buying a residential property on homeloan from registered GPA holder, I'm getting registered sale deed done for the same on my name but Bank is asking me to sign on a Indemnity bond that in case there is any dispute on the property then bank will catch the purchaser i.e. me and will not hold the seller from whom I'm buying this property. I want to know how can I make sure that if anything happen in future and bank catches me so I should be able to catch the seller to give me my money back.
Shray Narula
17 September 2018 at 17:44
How to know if a residential property is free hold or not ? Which document makes it freehold ?
Shray Narula
14 September 2018 at 16:34
I'm buying a property in Greenfield, Faridabad from 3 partners who are registered GPA holders of that property along with GPA they hold Will and Registered Agreement to sale also carried out between 3 people and the person they took the property from.Registered GPA and agreement was done in SUB Registrar pancham office in Ghaziabad. They said that sale deed can be carried out on the basis of GPA, is it true?. None of the banks are giving home loan on GPA basis. Only NBFC might give loan. I want to know what are the risks involved with buying a property from a GPA holder. ? Can the previous seller who has sale deed on her name can she create any trouble in the future after the registry is done on my name ? The current sellers are holding the original documents of Property chain along with registered GPA, WIll and Agreement to sale for that property. Please guide.
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