Ram Mohan (Suptdg. Engineer(Civil)) 23 January 2011
I am planning to purchase one of the two flats on resale having single combined agreement.Like me there is another buyer. Both of us are working in the same organisation and are taking home loan from the same bank, which has got no objection to sanction the loan. Now I would like to know, how both of us will have a legally valid " link agreements" which is a combined one.
adv. rajeev ( rajoo ) (practicing advocate) 23 January 2011
When you want to purchase one of the flats then it requires seperate agreement.
V. VASUDEVAN (LEGAL COUNSEL) 23 January 2011
The parent document being the title deed for two flats can be a reference in two individual agreements which can be executed by the buyers. In the said agreements both buyers can jointly execute the deed, as a concurring party. Please approach a property lawyer, who can draft appropriate documents for each party. Also get the title checked with the society/Association as the case may be and get their consent/no objection.
vasudevan
V. VASUDEVAN (LEGAL COUNSEL) 23 January 2011
The parent document being the title deed for two flats can be a reference in two individual agreements which can be executed by the buyers. In the said agreements both buyers can jointly execute the deed, as a concurring party. Please approach a property lawyer, who can draft appropriate documents for each party. Also get the title checked with the society/Association as the case may be and get their consent/no objection.
vasudevan
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