Registration
Pramod Ramatmajan
(Querist) 16 April 2012
This query is : Resolved
I intend to purchase a property (flat in Housing Society).
The seller is the first owner and has purchsed from builder in 1989. The share certificate of society is also issued to the seller.
However, the sale agreement between builder and seller does no seem to have been registered in 1989.
The registration has been done in 1999 after payment of additional stamp duty. Also, the registrar has made a notation that registration is accepted for the Purchaser and refused for the seller (builder) as the builder was not present during registration.
My question is, is such a document a valid title deed?
Raj Kumar Makkad
(Expert) 16 April 2012
There is a high risk in purchasing such property because legally builder has still not sold the property in favour of your seller. The presence of the seller is must before the office of the registrar at the time of the registration of the sale deed otherwise the sale is incomplete and illegal.
Shonee Kapoor
(Expert) 16 April 2012
this sale deed is not only incomplete but can land you in future trouble,
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
Pramod Ramatmajan
(Querist) 19 April 2012
Dear Experts thanks for your reply. Is there a remediation available for this?
Can a Deed of Confirmation be executed to correct this ?
