Flat has ben transferred to two individuals by the vendor in a registered deed. Which party will then have the right to keep the original registered deed ? Is it possible to issue a duplicate ? Certified copies are a bit difficult to handle when it comes to convince another buyer for sell
In the recitals, a section is there of title deeds wherein it is mentionsed that the vendor shall hand over to the company (association or society) all the title deeds in its safe custody or whomsover it thinks fit and proper. The purchasers can inspect on request from the company the title deeds whenever required. Does this imply that the Association/Society is responsible for keeping the original conveyance deed ?
I am not sure what is meant by "usually". But, no where it is mentioned that the first person will keep the original. That is why the query was in terms of law. Legally, i do not see any reason for the first person to keep it in posession