hello sirs,
my name is mahesh. i am from dilsukhnagar, hyderabad.
i have a legal query, please give me an advice.
i have bought a an open plot in hayathnagar. there are eight link documents in all. it was first registered in 1988 to one person. the person who sold me the plot did not hand over the original deeds. instead he gave me certified copy of the first link but gave me all originals there from.
the person who sold me the plot is arguing that if a person holds a property for more than 15 years, there will not be any problem and as such no problem will arise. will there be any problem, if i want to avail a bank loan to construct a house thereon.
another thing is the dimensions of the plot were wrongly mentioned in the first document. later the plot changed hands three times. after the fourth sale, the first seller executed a rectification deed, changing the dimensions of the plot. the same was not done by the other three vendors. is it okay, if the later three sellers did not rectify or should all the later sellers rectify their deeds.
please let me know what to do ?
thanks,
umamaheswara rao.