Purchase agreement

Querist : Anonymous (Querist) 26 March 2018 This query is : Resolved
In the year 1987, my father sold plot of land to builder for development at that time builder paid some amount in money to my father and for balance he gave us one flat in a building. In Development agreement, builder mentioned that some amount is paid by way of cheque and for balance amount he allotted a residential flat in building constructed by him. He has not prepare any purchase agreement for the flat given to us and according to me stamp duty is also not paid at that time. society is preparing conveyance deed so society is asking us for purchase deed of our flat, now how we will get purchase agreement of our residential flat.

Please guide

Follow Query

Report Abuse

Vijay Raj Mahajan (Expert) 26 March 2018
What amount is being asked from you? The conveyance deed of flat on the basis of Stamp duty applicable to the area need to be paid that you admit was never paid by you.
Take help of local lawyer to find the rate of Stamp duty and process involved in the process.

Ms.Usha Kapoor (Expert) 26 March 2018
If you don't have any documentary proof it shall be deemed that you've not paid any stamp duty or you purchased the flat etc.Contact a trustworthy property expert in your case.

Guest (Expert) 26 March 2018
Neither mention in agreement, nor allotment of a flat nor possession can make your father the title holder of the property in the absence of execution of sale deed by the builder in the name of your father, getting that registered with the Sub Registrar, and further got mutated in the revenue records.

From your query, it seems as if you have taken the problem very lightly instead of getting the sale deed duly executed in the name of your father. You may feel a great difficulty, if the builder now refuses to execute sale deed in the name of your father after 31 years of the agreement. So, you will have to take some serious steps in a very systematic manner to get the flat registered in the name of your father after due legal processes.

For that purpose, you will have the need to get the case related documents examined in detail by some property expert to get advice to proceed further step by step.