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Manoj Nair   10 January 2024

Query regarding registration of flat

Hello 

I am reaching out to experts for advise on a matter.

I am selling my 2BHK flat in Pune. The buyer has paid me some amount as down payment and has approached a pvt bank for a home loan. I have provided photo copies of all necessary documents and they have provided the photo copy of the Demand Draft of the remainder amount.

The bank is now asking us to do the sale deed registration and then submit the original documents for scrutiny and post that they will hand over the DD to me.

I am concerned with this process as it leaves me at risk if for any reason the bank delays or refuses to release the DD.

Please advise on what should I do in this case ?

 



Learning

 1 Replies

T. Kalaiselvan, Advocate (Advocate)     11 January 2024

Your apprehension will not impact the bank in any manner. 

They will follow their rules in this regard. 

Hence you may decide wisely. 


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