TRANSFER OF PROPERTY
Monica
(Querist) 12 January 2010
This query is : Resolved
This is in reference to my last query made with the same subject.
We have purchased plot which was alloted under a new scheme of residential development in Greater Noida. This plot was alloted to the seller in Novermber and yeaster we have purchased it. The paper work done was only applying for Trasnfer for the plot with the authority along with charges andeverything. The allotment fee is not yet paid in the authority as it is due on 21 Jan 2010.
Is it enough only to apply for transfer of property. We haven't done any sale agreement or POA (irrevocable) or any other paper work.
I was told on this forum to apply to revoke the allotment, how can that be done.
The authority is saying it will take 2-3 weeks to get the Transfer done.
Raj Kumar Makkad
(Expert) 13 January 2010
Monica! As you are purchaser, it is better if you get sufficient documents of your agreement to purchase etc. with you. If you can have agreement for sale in your possession along-with POA (irrevocable), it shall be in your interest but so far as formalities of the authorities are concerned, it has already been fulfilled by you and if any additional document is required by them, let them provide.