Handing over original documents of a flat after signing sale deeds

pranab majumdar (Querist) 17 January 2016 This query is : Resolved
a/c payee cheque received after signing the sale deeds of a flat.original documents of the flat should be handed over to the purchaser before realisation of cheque or not?
please advice.
Regards

Follow Query

Report Abuse

Surrender K Singal (Expert) 18 January 2016
That is why draft is preferred for handing over title.

Surrender K Singal (Expert) 18 January 2016
That is why draft is preferred for handing over title. Encashment can be Insisted upon for handing over original documents

Guest (Expert) 18 January 2016
Well advised by above Expert.By accepting a Cheque the Seller would be taking Risk.

Surrender K Singal (Expert) 18 January 2016
That is why draft is preferred for handing over title. Encashment can be Insisted upon for handing over original documents

Surrender K Singal (Expert) 18 January 2016
That is why draft is preferred for handing over title. Encashment can be Insisted upon for handing over original documents. You have already transferred title by signing....

Devajyoti Barman (Expert) 18 January 2016
Once registration is complete and cheque is encashed the buyer is entitled to get all the title deed of the property.

Rajendra K Goyal (Expert) 18 January 2016
Preferably possession / documents need to be handed over after full consideration is received.

Adv. Yogen Kakade (Expert) 18 January 2016
I agree with Mr. Goyal.. It can be preferably done but not mandatory.

krishna mohan (Expert) 18 January 2016
Normally the original registered sale deeds are handed over to the buyer by the concerned registrar office directly. Seller responsibility is over when he signed in front of the registrar for having received the consideration. You may check whether the original receipt for stamp fee is kept by the builder and if yes you can demand for original document based on cheque realization.

pranab majumdar (Querist) 19 January 2016
Respected sir,
Thanks to all of you for your valuable advices.
Regards

K.S.Srinivas (Expert) 29 January 2016
If the cheque is bounced then file a complaint under negotiable instruments act.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries