Registry not happening for my property because of builder missing dues
27-Jul-2023 (In Property Law)
I am purchasing a resale flat in Noida. The builder has open dues with Noida authority and hence the registries are currently not open. The current owner does not have the registry of the flat and in agreement their will be ownership transfer by the builder for us and we have to wait for the registry process then. My question is, Is it safe to purchase in such a case ?Although the builder is allowing us to live in the flat without holding charges but still I have doubts that if the flat is not registered on my name by the government , What should I do in such a case ?
According to law the builder has to obtain first completion certificate then he will be able to issue possession letter. without having complition certificate builder can not offer possession of the flat. if any one has taken possession without completion certificate and registered sale deed then it is not legal. if you want to purchase the flat with out registered sale deed then you should at least force the builder for registered agreement to sale after obtaining no objection certificate from the first owner otherwise you will face very much problem. you should also compelled to the builder to write a registered will in your favour. You can contact me for further assistance and advice on my contract number or visit my chamber personally. you can contact me for further assistance and advice on my contract number or email address through the administration of this website
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.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."