Dear Expert,
I need your valuatble advise on matter related to purchase of a society flat. I am buying a coperative housing society flat in Delhi. Flat is free hold in the name of original allottee. following doc are available:
1. Prepetiual Lease deed
2. Allottment letter
3. Possession letter
4. Freehod doc
5. All chains of purchase and sale,
the only doc missing is sahre certificate issued by society of which just photocopy is available. the seller has no idea about the share certificate as per him he didn't get it from previous seller. Also society is not ready to issue duplicate share certificate. My query is:
1. is share certificate imporatnt in case of freehold property?
2. What safeguard I can addopt while purchasing this propoerty?
3. can there be any misuse of share certificate by any previuos seller?
Please advise. would be very helpful.
Regards,
Manoj