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narasimharao (a)     29 March 2014

Bank sale property registration

 

Respected sir,

I have purchased sbi bank auction property, the property all ready mortgage with 3 more persons.

Now bank is going to do registration on my name.

Is there any legal problem to me.

Bank has no mortgage registration.

Bank management told that first mortgage with us only and ours is equity mortgage.

pleas give me suggestion.  



Learning

 1 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     30 March 2014

before public auction, the bank will issue notification through a local paper for objections, if any. so please verify it.  this is a suggestion only


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