Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sreekumar K B   08 September 2023

Advertising purchase of a flat

I have purchased a flat (resale property, seller is first owner) project is approved by banks, verified by advocate about ownership of first owner. Though it is genuine one, should I advertise in news paper about this purchase.



Learning

 4 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     08 September 2023

Yes.  You can proceed and advertise in the Newspaper about your purchase and for any objections.

Sreekumar K B   08 September 2023

Is this legal requirement or for extra safety?

T. Kalaiselvan, Advocate (Advocate)     09 September 2023

This is not a legal requirement 

Actually you should have undertaken this exercise before purchase and not after that.

It will be like inviting trouble at this stage

Dr. J C Vashista (Advocate )     09 September 2023

You should have advertised before finalisation of transaction, which is too late by now.

However, it is unnecessary exercise if facts posted are true and correct.

1 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register