Hello experts,I am planning to buy a flat in Bangalore which is from landowner's share.The apartment is still underconstruction.I asked the builder if I can have tripartite agreement involving landowner,builder and me.But the builder refused to do so,he says that he can only sign as an witness without the stamp of construction company,the agreement will be only in between the landowner and me.Also all cheques should be given in the name of landowners only.The land belongs to landowner and his mother.They are christian family.Both of them are ready to sign the agreement and also during registration both will go to sub register's office.My questions are
1.How do I know if the landowner has any mortgage on the property which can put me to trouble in future?
2. Can any legal heir who might not be there in Joint Development Agreement in future create any problem?If so how can I protect my self?
3.The agreement I will sign during downpayment will not be a registered document..so can any legal action be initiated on the basis of this agreement later on?
Please clarify my doubts.
