First agreement not registered

Ketan Shah (Querist) 12 December 2014 This query is : Resolved
Dear Sirs,

Ours is a registered co-op. soc. in mumbai constructed in 1990. I have purchase a flat from Mr.A (first buyer) in 1996 and paid a stamp duty and got it registered. However, the first agreement between builder and Mr.A is not registered and no stamp duty has been paid on it.

Could I face any problem at the time of conveyance or resell of my flat? If yes, what is the remedy for it?

Thanks.

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ROHIT SHARMA (Expert) 12 December 2014
1. Since you have already made a sale deed and the deed is registered then this is lawfully done and is legal. The earlier agreement was not sale deed but an agreement to sell and hence even if was not registered you will have no problem.

ajay sethi (Expert) 12 December 2014
yes you will face problems at time of sale of flat . bank will not sanction any loan as original agreement between builder and Mr A is not stamped and registered .