Xien (tt) 11 October 2020
Hi,
I am planning to purchase a flat in bangalore. The current owner is 3rd owner. I would be 4th if I purchase it.
The original sale agreement between the builder and the 1st owner is missing.
Though the original sale deed between builder and 1st owner is present (not missing). ie only the agreement is missing. sale deed is not missing.
How serious it is and what should i do to protect myself if I sell it in future?
Regards,
Xien
Advocate Bhartesh goyal (advocate) 11 October 2020
After shaving executive of sale deed between builder and first owner,sale agreement excited between them has lost its value and significance.First owner has acquired the owner ship title through sale deed so you need not to worry.
Xien (tt) 12 October 2020
Thank you very Advocate Bhartesh.
I have one more question. The possession letter is not present. How important is that?
Regards,
Xien
VM (pqr) 12 October 2020
Sir,
What is the process to procure the 1st Owner document in Mumbai Borivali region. I think the chain of document is essential to have the clear title.
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