Na plots

sanjay (Querist) 11 January 2014 This query is : Resolved
i am planning to purchase NA plot near titwala. i just want to know that the developers is signing the MOU instead of doing the registration. IS this lagally valid and also advise what important thing need to check before purchase of NA plot.

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Sudhir Kumar, Advocate (Expert) 12 January 2014
please confirm if the developer has got a marketable title or just got permission to build from the registered owners.

Sudhir Kumar, Advocate (Expert) 12 January 2014
If the bulder is not having clear title he will not pass the same to you hence no registration will be there.

You acquire no right to mortgage the house and will find difficulty in getting loan.

Rajendra K Goyal (Expert) 12 January 2014
Contact a local lawyer and show him all the documents and get title search and non encumbrance report.

Pradeep MK (Expert) 12 January 2014
Any agreement to sell or sale agreement needs to be registered with the sub registrar. MOU has no meaning. Your rights are not well protected.

Please see the NA order issued by the Collector and ensure that the seller has complied with all conditions imposed by the collector while granting NA permissions.

Please see the Lay out and dimensions of the plot, revenue record

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