Bank action property

naresh chamarthy (Querist) 01 September 2012 This query is : Resolved
how safe purchase of bank action property.any problams can arise after sale .

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Yogesh Anand (Expert) 01 September 2012
It is safe to purchase property in bank auction as the same is sold "Free from all encumberances" and you get a very good title over it. It would still be advisable that the govt. dues are verified and checked as they are charge on the property and not the owner.

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