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What to check while purchasing a property
06-Aug-2023 (In Property Law)
Respected Sir, I am Raja from A and planning to buy a flat. But before buying need to clarify few things: Flat owner having two kids (son and daughter) Flat details: - Initial days, Property was on daughter's name - After few years, Daughter donated flat to Mother and did gift registration Now they are put for sale. Currently, I am planning to buy this flat. My question is: Daughter and son signs also required for registration? And also what are all things need to consider for buying this type of property?
the signature of previous owner is not required if document is registered between current owner/vendor and previous owner. the gift deed have to be treated like sale deed. if the daughter is ready to sign then add their name as consenting party. the signature of daughter binds her as per the terms and condition of agreement/deed.
you have to confirm that they have fulfill their dues and their is no any outstanding, their is no any loan pending on said flat, the construction were as per the government norms, they do not have any agreement with any other person, etc.
you have to confirm that they have fulfill their dues and their is no any outstanding, their is no any loan pending on said flat, the construction were as per the government norms, they do not have any agreement with any other person, etc.
Helpful?
Adv. Ketan S Jadhav
Pune | 25+ Answers
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Sirji u have a good question but as per the recent law a women own the property is a absolute owner of that property. U have to demand first sale deed of that flat then ask them gift deed original and the relavent documents relating to the ownership of flat. Plan, property extract etc. And then upon that document give a public notice. After the public notice when u go to registrion of that flat make a witness to daughter and son as safty side of u. In my opinion not necessary the sing of son and daughter but for the saffer side u can call them as witness.
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Adv. Bipin Agrawal
Mumbai | 100+ Answers
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