Legal Question in Real Estate Law in India

Legal title for apartment
I am planning to buy an apartment in bangalore from a builder.
The bulder(partnership firm) has got the property from one of the partners as his share of contribution towards capital.The property is still in the name of the partner.I am buying the property from the firm ,and the registration deed will be sined by the authorised signatory, on behalf of the firm.This signatory is not the original owner.Is this sale valid? Do I get title to the undivided share in the property?

Asked on 10/26/08, 10:58 am

Shrichand Nahar S.V.Nahar, Advocate

0 users found helpful

0 attorneys agreed

Re: Legal title for apartment

If it is a sale deed, then owner should be a party.

Answered on 10/31/08, 2:12 am

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

0 users found helpful

0 attorneys agreed

Re: Legal title for apartment

If the title of the property does not vest in seller, you may not become the owner in pursuance of a sale deed he executes in your favour.

Answered on 10/26/08, 5:48 pm

Keywords

Match Any Match All

Country

State

Area of Law