Legal Question in Real Estate Law in India
Dear Sir , I am planning to buy resale falt in Pune.But on paper,there is Owner name/company name written in IndexII and registartion aggrement which held at 1997, But no company stamp ,seal etc observed .Pls. suggest how to go ahead for delaing it.Does it have issues in future if person name/company name writeeen. I hv checked with company but they said we are not aware of it.
1 Answer from Attorneys
29.05.2014
Dear Sir / Madam,
If the flat is in the name of the Company, you will need a resolution from the Company approving the sale of the flat to you. The Agreement will have to be signed by at least two Directors of the Company. You should confirm the title clearance certificate that the flat is free from all encumbrances and has not been offered as a security towards any loan availed by the Company.
Regards,
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