Gpa registration & will
Vishal Gupta
(Querist) 03 August 2012
This query is : Open
I am trying to buy a DDA flat. HDFC has refused the loan for the same for the following reason :
1. GPA executed between Seller & Buyer (one of the 4 past transactions) in March, 2001 is not registered.
2. This GPA is accompanied by Agreement to Sale and an Affidavit which says that the GPA is irrevocable. HDFC is asking for Will from Seeler in favor of buyer in addition to GPA, ATS & Affidavit.
DDA has issued conveyance deed for this flat in 2005. It has been sold once after the freehold conversion as well, by duly registered Sale Deed in 2005.
Is HDFC legally correct in asking for these documents ? Is there any issue with property title with existing documents ?
