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Regarding agreement to sell

(Querist) 08 January 2013 This query is : Resolved 
Dear Sir,


I have purchased a flat made by Ghaziabad Development Authority from allotee and allotee have signed agreement to sell for this flat and agreement has notary only not been registered with court fee.

Can it is to be risky for me? can allotee take back this flat?

There is I have shown only Rs. 50,000/- as deposited by allotee to GDA 40,000/- and 10,000/- profit. Thereafter installments i shall deposit for 20 years, monthly.

Can it must be registered with court.

Regards,
ajay sethi (Expert) 08 January 2013
registration of sale agreement is advisable . tomorrow allottee may back out . if agreement is regd you can move court and seek appropriate reliefs .
AMIT KUMAR SHARMA (Querist) 09 January 2013
sir,

may i know that what charges is to be made for registration for agreement to sell by court in ghaziabad.

ajay sethi (Expert) 09 January 2013
depends upon stamp act of UP .
Raj Kumar Makkad (Expert) 09 January 2013
It shall be good to get the transfer of the plot from GDA in the given facts as this is allowed and once it is re-allotted in your name, you need not to depend upon anyone. Long term agreements should be avoided for your benefit.


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