quesClaiming of property title through Indemnity Bond.

X has purchased a property from Y. X asks for an INDEMNITY BOND from Y to indemnify for any claims related to the title of the property. Is this valid and can X claim from Y if some third party disputes the title of the property in a court of law.

  • ansYes, it is valid. Indemnity bond is generally insisted upon to safeguard interests of the purchaser. Since purchaser has paid consideration for purchase of property he needs to safeguard his interests against any claims made by third party.

  • 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.
Consult best Property lawyers in India

Similar questions

hello ... i want to know can i legally claim on my mother porperty ...…

Sir, We have a piece of agriculture land on our great grand father name 150…

Respected Sir/Madam, We have one property at Bangalore. I am yet to decide abt things.…

land provided by Erstwhile state through maufi patta without any restriction of the use of…

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