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Neville Krishnaswamy (Analyst)     14 June 2016

Deemed conveyance

The society has asked me to submit the agreements of the flats with the builder as they are in the process of applying for deemed conveyance. The land is on my grandmothers name and as per the agreement with the Builder, there was a consideration of Rs 25000 that is payable to my grandmother upon execution of the conveyance deed. This has not been executed as yet. Now the society is pushing for deemed conveyance and my question are as below:

 

Are we bound by law to handover our flat agreements to the society?

What happens to the clause in the original agreement between the builder and land owner?

What remedy can we seek to safegaurd our rights for non execution of the conveyance deed?

 



Learning

 1 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     14 June 2016

You can send a legal notice for not executed builders owner agreement and claim damages for not implantation of that agreement

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