I am about to purchase a property from sons when parents has died. There was no nominee and property is still in their name. Their sons has now got legal succession heir certificate which they say that gives them right to sell property. Now I have presented the file to govt. bank for loan. Response in a day or 2 is expected after verification by their lawyers.
1. Dose Legal succession certificate (varasnama) alone gives them the right to sell the property ?
2. Can I soly depend on verification done by lawyers of the govt bank like SBI/PNB ?
3. I have given some token. They are insisting for 10% bayana? Should I go forward ?