Plot Holder


Hello

I wanted to know being a plot holder if I have sold flat to Co owner later after registration can the buyer of the flat take loan and mortgage that same flat without permission or NOC
of the flat holder.

Thank you
 
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NOC of the plot holder
 
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LEGAL

The buyer can secure a loan on his purchased property ,it ought to have been mentioned in the sale deed whether the buyer is purchasing only flat or flat along with land underneath therto. It is mostly people make mistake while drafting sale deeds for flats. However if the rights and ownership of flat is only sold then the plot cannot be deemed as his propert if the mention of land is missing in deed.

 
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Thank you sir
 
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