LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

VK (MD)     08 May 2010

Buying from owner who has sale agreement with someone else

Dear Legal Eagles,

        I'm interested in buying a property. The property is owned by Mr. A. He has entered in sale agreement with Mr. K for a sale consideration. Sale agreement isn't registered. Now i'm planning to purchase the property from Mr.A with due knowledge of Mr. K.

       Mr. K has agreed to be consenting witness and also provide the original copy of the Sale agreement. Now what are the other safe guards that i need to take to ensure my interests are protected and i get clear and marketable title.

Thanks,

VK



Learning

 4 Replies

bhagwat patil (Property due diligence 9422773303)     10 May 2010

Write a para in saledeed about cancellation of privious agreement. It is better to return the advance to B. and mention it in saledeed.

bhagwat patil (Property due diligence 9422773303)     10 May 2010

Write a para in saledeed about cancellation of privious agreement. It is better to return the advance to k. and mention it in saledeed.

srikanth kumar bandari (advocate)     10 May 2010

Mr V.K. I agree with Patil Ji.

N.K.Assumi (Advocate)     11 May 2010

Yes, agreed with the suggestions of Mr.Patil.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading