Biplab Roy
(Querist) 17 April 2019
This query is : Resolved
Sir i found many sample possession letter for purchaesd flat But i am one of the land lord who developd my porerty by a developer and as per agreement i got a flat and i wish to gift it to my son...
So in that case what will be the matter of the possession lettar, coz its not a purchesd property. Need a fast reply from you. Waiting for your help...
KISHAN DUTT KALASKAR
(Expert) 17 April 2019
Dear Sir, A possession letter is a document issued by the developer in favour of the buyer stating the date of possession of the property. It is issued after the developer gets a completion certificate from the designated authority. ... A possession letter does not make the buyer the legal owner of the property. You need not require possession certificate to transfer the property.
Dr J C Vashista
(Expert) 20 April 2019
What are title (ownership) documents qua the flat?
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