rectification of sale deed
girish
(Querist) 11 October 2015
This query is : Resolved
Respected advisers.. I have purchased a commercial property on Aug.2014 in Banglore, there is a small typing mistake in deed as 42* 37 FTS but it must be 42*37 MTS but later in next line it's described properly as 5097.12 sqfts .I have all Supporting documents to say its metres .I need to rectify it I informed the sold person but his family as separated so he is not able to gather them all for sign ...how can I solve this problem ..because I am going for mortgage loan against this land .plz advice me
girish
(Querist) 11 October 2015
Plz advice me
girish
(Querist) 11 October 2015
.Respected advisers.. I have purchased a commercial property on Aug.2014 in Banglore, there is a small typing mistake in deed as 42* 37 FTS but it must be 42*37 MTS but later in next line it's described properly as 5097.12 sqfts .I have all Supporting documents to say its metres .I need to rectify it I informed the sold person but his family as separated so he is not able to gather them all for sign ...how can I solve this problem ..because I am going for mortgage loan against this land .plz advice me
c.p.s. ramachary
(Expert) 13 October 2015
Clerical mistakes can be corrected by a rectification deed to be executed by your vendor. However please ensure that the correct figures must be reflected as found in the vendor's title deed.
Anirudh
(Expert) 13 October 2015
Did the bank raise any objection or it is your own doubt?
Rajendra K Goyal
(Expert) 15 October 2015
How many venders are of the property? try to get these rectified by amicable settlement.