LCI Learning
Master the Basics of Legal Drafting in All Courts. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

saravankumar (designer)     15 June 2010

mortgage related

Hello experts,


planning to buy a new flat, existing land owner applied for loan and its sanctioned, he availed loan and cancelled immediately, he have only cancelled documents regarding mortgage. is this correct else i need release certificate for my safety?



 1 Replies

SRIKANTH MYLAVARAPU (SENIOR OFFICER (LEGAL))     15 June 2010

dear sravan,

u hanedover the original saledeed,link documnet then there wil not be a problem for u.

your vendor already cancelled the loan santioned the bank

it s safe for you to keep hat letter in your custody

kindly apply an encumbrance certificate to know the encumbranceses over the property.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register