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Yogesh Kokatay (Service)     11 April 2013

Land transaction in ratnagiri district

The query is related to purchase of land. 2 names are mentioned in the 7/12 extract. The agent says that we need not pay any amount directly to the current owners if the land, the persons having names on 7/12 extract. But we need to pay by Demand Drafts in the name of third person, who seems to have executed am agreement for purchase with the seller(land owners). We are being told that the third person has paid the rightfull sum to the owners while executing the agreement for purchase (Sathe Karar).

We want to know, can such a transaction be legally valid were we are not paying anything to the owners of the land but we are paying to the person who has executed an agreement for purchase (Sathe Karar) with the owners of the land.

Thanks and Regards

Yogesh



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