Hello,
We are in the process of selling our Mhada flat which was originally in the name of my father and mother. My father passed away a few years back and my mother did not get the property transfered in her name at Mhada . However the party that is purchasing the property is taking a loan from a scheduled bank (Govt) and the bank lawyer has given an objection on this. We had submitted the death certificate of my father along with the copies of the house documents to the buyer to submit to his bank. After he has informed us regarding this problem, we have put in an application for transfer of the flat in my mother's name at the Mhada office and they shall complete the same and provide the documents very soon. We reassured the buyer that this would solve the problem. However he is insisting that his bank requires a "Succession Certificate" from my mother to grant the loan. I believe succession certificate would have been required if the flat was only in my father's name (and perhaps he had not written a will). In this case my mother is anyways a joint owner of the flat and I am her only child and would be giving an NOC for the sale. Kindly clarify on this matter.
Thanks and Regards
