Aritra 14 June 2023
we have repaid the loan, got all the documents including NOC. Then the NBFC said we need to execute this deed, now I am not able to find any information about it. Like, what would be the stamp duty/registration fee for this. What is this deed about? if it is like Sale deed then will it be calculated from market value of the apartment or the loan amount.
Would appreciate any legal document reference.
Real Soul.... (LEGAL) 14 June 2023
If they gave you the NOC why would there be need of deed of reconveyance. You can execute that and that is not necessarily be registered in court , that can be notarized and there is minimal fee for that.
Aritra 14 June 2023
okay. but they specifically told us to do that and gave us like number of authorized signatory who will be part of the process from that NBFC.
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