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Should I pay any amount to owner before the registry of flat ?
28-Jan-2023 (In Property Law)
I want to buy resale flat , flat owner had 15 lacks loan pending against flat he want that first I paid loan amount then he done registry of flat in my name. How can I pay any amount without registry of flat in my name .pl give legal advise in that matter.
You can make him sign Letter of Estoppel along with Arbitration Agreement before making the payment to the bank then it will be completely safe. For more details you may feel free to contact me any time during office hours.
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Adv. Prateek Mishra
Lucknow | 100+ Answers
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Hello,
See this kind of agreement will not be good for you. I suggest you to kindly enter into an agreement with the seller which lay down the terms and condition of this agreement, and make sure you get this agreement registered in the registrar office.
Let me know if I can be of any help.
Regards
See this kind of agreement will not be good for you. I suggest you to kindly enter into an agreement with the seller which lay down the terms and condition of this agreement, and make sure you get this agreement registered in the registrar office.
Let me know if I can be of any help.
Regards
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Adv. Anilesh Tewari
Lucknow | 200+ Answers
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Sign an agreement with him before exchanging any money, it has to be watertight so that you are not encumbranced with a pre-existing liability. Why don't you book a consultation with us and we can draft a water tight agreement for you.
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