quesChain of deeds not available with 1st buyer of a flat

I had been willing to buy a flat in Rampur and had entered into an sale purchase agreement with 1st buyer of a flat but later i came to know he is not having proper chain of deeds with him and also while preparing search report 12-30 years of the same flat couldn't be completed due to missing chain deed due to which my bank is not sanctioning me the loan. 1st buyer is not returning me the advance i paid to him as per agreement. What can i do? I have also given him some money apart from agreement through cheque, do i get any protection?

  • ansWhat were the terms and conditions of sale purchase agreement ? Did it contain a clause that in the event seller fails to make out a clear and marketable title to the flat advance money paid would be refunded? Was sale agreement registered? You can cancel the agreement if seller fails to furnish clear and marketable title to the property. Issue legal notice to seller that as no clear and marketable title to flat has been made bank is refusing to sanction loan and ask for refund of your earnest money. If seller fails to refund then file suit for recovery of your earnest money. You can't be forced to buy the flat. Contact a local lawyer, as soon as possible.

  • Send a legal notice to builder for delay in construction @ Rs. 1999/- only

    Know More
  • Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at LawRato.com and has been responded by one of the Property Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.
  • Related Articles

Consult best Property lawyers in India

Similar questions

My case for a property fraud committed by my partner has been dismissed by the…

60 years back 6 ppl took a land and made 8 partition. One sold, out…

We are Muslim family, residing at Mumbai & have an ancestor property in U.P.( 60kms…

A, B & C have conveyed title of their fathers property through registered gift deed.…

Property Lawyers in India

Advocate Arjun Vinod Bobde

  Supreme Court of India
 Experience: 16 years

Advocate Prashant Mendiratta

  Lajpat Nagar 4
 Experience: 24 years

Advocate Prabhjit Jauhar

  Connaught Place
 Experience: 20 years

Advocate Jaspreet Singh Rai

  Greater Kailash 1
 Experience: 14 years

View all >>

Quick Consult

Get 15 Minutes of Expert Legal Advice on Phone right now

Ask a Free Question

Post a Question online and get free advice from multiple lawyers by email

Find a Lawyer

Easily find and book private consults with top lawyers in India

Get Fee Estimate

Receive multiple quotations for your legal requirement instantly