Upgrad LLM

posession of original conveyance deed

Student

Two persons jointly own a flat. If both parties dispute on posession of original conveyance deed, where is the legal custody for the conveyance ?

 
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Lawyer in Hyderabad.wats app no.9989324294

Buying and selling real estate deals with several different property deeds, or legal documents that represent the ownership of a property. There are many types of property deeds you may encounter in real estate transactions. One such type is a conveyance deed. In basic terms, a deed of conveyance is a legal document that serves as proof of the transference of a deed (or title) from one owner to another.both the parties must have these document copies.

 
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Student

Flat has ben transferred to both parties by the vendor in a regsistered deed.

Which party will then have the right to keep the original registered deed ? Is it possible to issue a duplicate ? Certified copies are a bit difficult to handle when it comes to convince another buyer.

 
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