Transfering the property
ravi
(Querist) 03 December 2014
This query is : Resolved
Hi All
I have offer from B for plot sale.Actullay plot owner is A. A is given to B because of B is given to 5 lacks to A.Ais transfer the property to B not register but only rights to given for the condition of before 5 years A is not paying the amount plot will be transfer to B.B is offer to C to give 5 lacks to B. In case of B is not paying with in 2 years if B is not pay the amount the plot will be surrounded to C.
My Question: EC is in the name of B.But registration not done to B. C wants give amount and making agreement from B.Please explain me what are the difficulties in the transaction.
Devajyoti Barman
(Expert) 03 December 2014
Unless all the previous interest holder of the land joins in the deed of sale and confirms that sale, it is not wise to buy this property.
malipeddi jaggarao
(Expert) 03 December 2014
Your query is not clear. What is the position of B? If the property is not transferred in the name of B by A he will not get the title. But it appears original title deeds are with B. You say EC is in the name of B. How that is possible, when the mortgage is not registered in favour of B? Settle the things with A & B and follow the advice of Mr.Barman if you are really interested to purchase such property. B's title is defective and he cannot pass on better title to the purchase. A or his legal heirs may rise objections for the sale of property by B.
Rajendra K Goyal
(Expert) 03 December 2014
Consult a local lawyer and show him all the documents.
ajay sethi
(Expert) 03 December 2014
consult local lawyer before purchase of property
T. Kalaiselvan, Advocate 
(Expert) 07 December 2014
a opinion about the marketable title to the vendor should be ascertained and confirmed before purchasing the property, for that an opinion from a local lawyer will give you an idea.
