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Ashokan Achuthan (Service - Head Legal & Company Secretary)     22 March 2018

Sale deed

the Buyer of my Flat in Thane has to obtain a Bank Loan to purchase my Flat. He insist that we register a sale deed containing the conditions of payment. the possession of property is with me till the final payment is made. He says the Banker insist for sale deed registration to process the loan. Please advise. And how i cancell the registered sale deed if the loan is not sanctioned by the Bank. 

 

Please advise.

Achuthan

 



Learning

 3 Replies

Adv. SIddharth Jain (Advocate )     22 March 2018

don't get the sale deed registered until and unless you get the payment in full.
For further questions, contact me at isidjain1@gmail.com
1 Like

R.K Nanda (Advocate)     23 March 2018

do registeration of sale deed after getting full payment
only.
1 Like

SHIRISH PAWAR, 7738990900 (Advocate)     23 March 2018

Sale deed has to be registered after full and final payment and sale deed if executed can be cancelled on the ground of breach of terms and conditions of sale deed. 


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