Thank you, Sir, Shri gurunarayana rao.
The Maintenance Charges are covered in another clause. That is why I was concerned by this clause.
From what I could understand, as soon as the first buyer had completed his obligations and registered the flat, no lien would then exist of the concerned flat.
As suggested by you, I shall get the No Dues from The Society, related to maintenance etc, and will get clarification from the seller that he has no dues payable to the promoter, and put the clarification clause in my new sale deed.
Just two more clarifications, Sir
1. If any part of the building remains unsold, does it have any bearing ?
2. Is it possible that there are liens on the promoter/building related to supply /construction/ funding /loan. In that case how will a flat purchaser/owner get affected by the existence of the lien ?
And, thank you sir, Shri bhagwat patil
The promoter seems to have some earning in mind, related to the sale of this flat, but nothing is being openly declared, at the moment.
If there is a Transfer Fee he is looking for, would that not be liable on the seller ?
These clauses seems quite common in Jaipur.
One Developer/Promoter, had clearly declared in the Registration Document that in the event of sale of a purchased flat, the first right of purchase would be of the Promoter, and if subsequently the sale was made to another party, a payment of Rs 50 per sft, would have to be given by the seller to the Promoter (not verbatim).
Ravindra Kumar Banthia
(B. Tech. IIT Kgp)
Jaipur