We have purchased a Office, & have signed & registered all documents, the seller has also signed all the Transfer Forms for Society Transfer, He has also got the NOC from Society also when he was selling the Property to us.
Now When I am submitting all the papers to the society office, the society is also asking a Indenmidity Bond from us that we will pay all the dues, when it arise in future.
We have also signed a Indenmidity Bond with seller that if any dues till the date of possession will be paid by the seller, if it comes in future.
Now I have one query, we have signed all the forms as per bye laws of the society for Transfer of the Property in our name. does the bye law says we have to give an Indenmidity Bond also for transfer of the Property in our name.