Legal Question in Credit and Debt Law in India

The Flat in the Apartment is under construction and the vendor has executed an agreement to sale with the purchaser by paying full stamp duty and duly registered with Registrar of assurance.The purchaser has availed home loan from the bank.If bank is executing mortgage on the strength of Agreement to sale.Pl let us know whether it is valid or else.


Asked on 12/11/15, 4:37 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

11.12.2015

Dear Sir / Madam,

Yes, this transaction is proper and legally valid.

Regards,

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Answered on 12/11/15, 6:32 am


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