Legal Question in Real Estate Law in India
The homeloan on certified true copy of the sale deed on loss of Original sale deed of house is not coming through at the same time buyers are reluctant to get into a deal of a property whose original sale deed is not available. kindly guide??
Asked on 2/15/14, 12:46 am
2 Answers from Attorneys
anuradha Dixit +9312411481
dixitlawfirm
please ask the bank what other formality they would like to be completed to disburse the loan??
Answered on 2/15/14, 3:07 am
Fca Prashant Chavan
Expert Edge LLP
15.02.2014
Dear Sir / Madam,
In view of the seller's right to property title being in question due to absence of original title documents, and the bank refusing to sanction a loan to the prospective buyer, the Agreement / contract cannot be executed.
Regards,
Answered on 2/15/14, 3:27 am