Shares - what to do?

Share certificate is the most important document of property becuz when u mortgage the property it's necessary that the share is in your name then u mortgage it. U r member of society at that time when your name enter in Share Certificate. At the time of  trasfer the property it's compulsary to transfer the name of new purchaser in Society Share certificate.

The Share Certificate is the most important document of the property.

Whenever you would sale the property in question, the name of the purchaser would be recorded on the said Share Certificate and also for the purpose of mortgage of such property, the Bank asks for the Share Certificate to confirm that you are the member of the said society.