Can wife name be added in the amendment letter
28-Jun-2023 (In Property Law)
I have entered into a sale agreement of my flat in rajasthan with one person who is also a tenant presently against lease rent deed. He now wants the registry done in name of his wife due to lower stamp duty ,interest rate and some schemes of SBI which is normal practice bak wants sales agreement in her name Can I just issue amendment letter to the sales agreement mentioning both husband and wife name as second party (buyer) on first page and also entering a clause that I have no objection if sale deed is made in favour of any of the two or jointly. The bank SBI is asking for fresh agreement in favor of his wife.But tenancy agreement is in favor of the husband and I dont want to create two agreement on same flat in two different persons names.For obvious reasons. So can I issue amendment letter including his wife as second party (buyer) and mentioning that any of the two jointly or separately can enter into sales deed.and avail loan facility against the property if required what
Sir in this querry first of all you can see the SBI terms and policy of the agreement and then you can decide what do you want to do. In my suggestion first read all terms and policy of the state bank of India.
Hi there are two things 1. the opponent person is Tenant He is not the owner in any form. 2. Registry should be made with the name of his wife by the sell agreement. both the task are different. But when you go through with sell agreement and please also proceed with the passasion letter handed over to you by the tenant and please aslo mention the same thing in your sell deed that you handed over the passasion to the party(wife of that person) both the parties has their different rights and liabilities to treat them respectively.
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