Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Queries Participated

k padmaja   05 November 2016 at 22:13

Can unregistered agreement enforceable in agreement in court of law

Sir, there is a property in walkheshwar road, mumbai and the agreement between builder and mr.x was unregistered. Agreement executed in the year 1962 and the original payment receipts are available for total sale consideration.. If they approach for Bank's loan for mortgaging their prpoerty then is it acceptable to Banker.

If Bank accepts the security. Can it be enforceable in cour of law, in case borrower defaults....

K Padmaja, Mumbai