Agreement to sale confirming party
15-Jul-2023 (In Property Law)
In the situation you described, where you have purchased a flat from a widow and included her son as confirming party in the sale deed, but the society is denying the issuance of a No Objection Certificate (NOC) for bank loan purposes, it is advisable to consult with a legal professional to understand the specific laws and regulations governing the situation in your jurisdiction.
Here are a few general considerations that may be relevant:
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Review the Society's Bylaws: Examine the society's bylaws to understand their rules and regulations regarding the transfer of ownership and the issuance of NOCs. The bylaws may outline the requirements for obtaining an NOC and any specific conditions that need to be fulfilled.
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Consult a Lawyer: Seek guidance from a lawyer specializing in property and real estate matters. They can review the specific circumstances of your case, examine the relevant legal documents, and provide advice on the best course of action.
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Communicate with the Society: Engage in open communication with the society's management committee or relevant authority. Discuss the situation and try to understand their reasons for denying the NOC. Present the agreement and highlight the inclusion of the sons as confirming parties, explaining how it addresses any concerns related to ownership and transfer.
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Mediation or Legal Action: If the society continues to deny the NOC without valid reasons, you may consider exploring mediation or taking legal action. A lawyer can guide you through the appropriate steps and procedures, including filing a complaint or seeking redress through the appropriate legal channels.
It is crucial to consult with a legal professional who can provide advice tailored to your specific circumstances and the laws applicable in your jurisdiction. They will be able to guide you on the best course of action to resolve the issue with the society and ensure a smooth process for obtaining the necessary NOC for your bank loan.
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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 Divorce Lawyers at lawrato.com to address the specific facts and details.
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