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Shambhu (Sr. Tech Lead)     14 October 2013

Buying landlord share flat

Hi,

         I am planning to buy a flat in Bangalore from landlord share. Please guide how is it different than builder share flat and what are the things which I should take care while buying from Landlord share flat.

 

Regards,
Shambhu.



Learning

 2 Replies

Advocate Rohit (Advocate)     14 October 2013

you need to take care of the title of the property see the previous agreement of the flat which should be in the name of the seller. The property assessment tax bill copy with the name of the seller, the society records and share certificate with the name of the seller in it and the latest maintenance bill of the society which will let you know the outstanding dues of the seller in the society, if any.

 

Also, you need to take title search of the property i.e. 7/12 extract for the last 30 years.

 

Regards,

Advocate Rohit Dalmia

9324538481

1 Like

Shambhu (Sr. Tech Lead)     14 October 2013

Hi Rohit,

                 Thanks for valuable information.

 

Regards,
Shambhu.


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