I plan to buy a MHADA flat which has not yet completed 5 years. Please suggest what documents should I request from the owner? I will be paying 75% of the amount now and 25% when the property title is transferred to my name i.e. after 5 years. The case is very genuine, the owner wants to buy a property near his current place of residence while I want to buy a flat urgently.
How can I be legally sure that the owner will transfer the property in my name after 5 years?
Please reply urgently as I need to make a fast decision.