the Buyer of my Flat in Thane has to obtain a Bank Loan to purchase my Flat. He insist that we register a sale deed containing the conditions of payment. the possession of property is with me till the final payment is made. He says the Banker insist for sale deed registration to process the loan. Please advise. And how i cancell the registered sale deed if the loan is not sanctioned by the Bank.
Please advise.
Achuthan