i am buying a house..the house was bought by the seller from the partner of the builder...the agreement was made.now the agreement states that seller bought the house from Mr. A in 2005 who bought it from builder X in 1997. Now actually Mr. A is partner and brother of builder X. Hence there is no formal agreement paper available.If i want to purchase the house and take home loan on it.What are my options to ensure i get home loan.please advise
1 Answer from Attorneys
Dear Sir / Madam,
First and foremost, you should confirm the following :
1. whether Mr. A and builder X are still partners in the registered partnership firm till date.
2. ascertain the reason for the seller not registering the sale deed for the purchase of the house from Mr. A in 2005, if the house is presently in A's name and not in the name of the partnership firm.
Related Questions & Answers
Respected sir , me & brother having partition suit pending in the court . i want... Asked 6/28/13, 5:11 am in India Real Estate and Real Property
Dear Sir, i am stying in baroda.Gujarat and i had purchase tenaments in one society,... Asked 6/28/13, 4:57 am in India Real Estate and Real Property
What is the meaning of Sale-able Area, iam from mumbai and my possessed house is... Asked 6/28/13, 3:27 am in India Real Estate and Real Property
Sir, My sister is marrying against the wishes of our parents. Can my father debarr... Asked 6/27/13, 5:27 pm in India Real Estate and Real Property
My grandmother got a land from her aunt(her fathers sister) through will. Later will... Asked 6/27/13, 10:34 am in India Real Estate and Real Property