Mcd booked property selling issue
AKS
(Querist) 26 November 2015
This query is : Resolved
I have purchased residential builder floor property in August 2012 with all registry procedure and without Red Stamp. But now i have sold same property to another buyer through registry. There is Red stamp endorsed over his registry. Now he is behind me to get it regularized from MCD. As my property was without stamp and i have not did any further construction and sold it as in where in condition. So, what are my legal complications. Can i file case on person who sold me this property because of which i am suffering or advise. As per MCD booking records, property is booked in 2011, even much before my purchase. I strongly feel i am not culprit in this case. Need advise...
P. Venu
(Expert) 27 November 2015
what is "Red Stamp"?
AKS
(Querist) 28 November 2015
It means building is booked by MCD for excess coverage and endorsed on registry papers in form of stamp and remarks
K.S.Srinivas
(Expert) 05 December 2015
Proceed against the person who sold the property to you.
