I am planning to buy the adjacent property for development of an apartment project. This property was sold by my father to my neighbor in year 1967. She has 3 children (1 daughter and 2 sons) and in the year 2011 she has given this property to the youngest son as sale deed. In this the daughter has signed as a witness. The eldest son is not in good terms neither with mother nor with other 2 siblings. He has inherited his father's (who is no more) by way of sale deed as well. There are some disputes going on with regard to some of the other properties between the eldest son vs others. these facts are, for some reason mentioned in the mother to son sale deed. The property that I plan to buy is undisputed to the best of my knowledge and as per the encumbrances reports obtained since 1967. The Prior document (1967 sale) was irrecoverably mutilated and a certified copy was obtained prior to mother-son sale in 2011. My legal counsel has given clearance to purchase the property but indicated that if the prior document ( which will become prior's prior document once I buy) is not in original, then certain banks (legal) may object to give loans when the futuristic apartment buyers approach for loan. Is this true? Legally are there any rights for the other siblings of the owners in this property inherited via sale deed from mother (alive)? Appreciate expert opinions.
Thanks in advance...