Home/Legal/Due Diligence/I am buying a flat 15+ years old in a reputed apartment. The apartment was constructed by JOint development by 4 land owners and they have issue GPA to a person to sell the apartment. Sale deed is registered for all of them. But GPA is unregistered and also partnership deed for flat allocation is unregistered. The documents have only been notarised. Is it appropriate for buying the property and can I avail loan on the property
Q.
I am buying a flat 15+ years old in a reputed apartment. The apartment was constructed by JOint development by 4 land owners and they have issue GPA to a person to sell the apartment. Sale deed is registered for all of them. But GPA is unregistered and also partnership deed for flat allocation is unregistered. The documents have only been notarised. Is it appropriate for buying the property and can I avail loan on the property
I am buying a flat 15+ years old in a reputed apartment. The apartment was constructed by JOint development by 4 land owners and they have issue GPA to a person to sell the apartment. Sale deed is registered for all of them. But GPA is unregistered and also partnership deed for flat allocation is unregistered. The documents have only been notarised. Is it appropriate for buying the property and can I avail loan on the property
Syed Shakir
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December 23, 2021
2021-12-23T10:20:24+00:00 2021-12-23T10:20:25+00:00Comment
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Due Diligence
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