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I sold my existing flat and we Registered the Sale agreement on 6th march (registration complete). T


17-Apr-2023 (In Property Law)
I sold my existing flat and we Registered the Sale agreement on 6th march (registration complete). The Society secretary was not co-operative to give NOC but finally gave but then has declined to sign the Bank's Lien Letter that requires the Society to Mark a Lien on the Flat and confirm that the Buyer cannot sell it without Bank's permission. nThe Secretary is not issuing this Letter stating its a Legal Issue and needs to consult a legal advisor. We requested him to consult at the earliest, he is only wasting time. The Buyer of the flat also has time limit to shift to our home as he is staying on rent. We requested Secretary several times to co-operate & take the necessary opinions, but when we went he banged the door twice on my senior citizen parents face telling us he will do it when he wants. He then wrote to us stating he will take legal advice, and also committee meeting and will have to inform all members in AGM. Our Loan disbursal is pending because of this, what can be done?
Answers (2)

Answer #1
868 votes
Well, you can send a Legal Notice to the Society Chairman stating to esolve your issues on immediate basis by seeking legal advice from any lawyer within a prescribed period of 15 Days, so that, your loan gets disbursed, otherwise you will file a Civil Case against him.
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Answer #2
689 votes
It is not always right to blame Secretary for him not signing Lien letter. You have to check why buyer's bank is asking Lien letter when NOC is already given by society. And further more the bank also takes custody of original share certificate of society and all title documents as a mark of lien and also get notice of Intimation registered with sub-registrar then why separate lien letter is required from society. Don't blame Secretary, blame that bank.
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