I am not a lawyer, but I can provide some general information. In most cases, after completing the sale agreement and obtaining a loan from the bank, you will need to execute the sale deed or conveyance deed to complete the property transfer officially. This deed needs to be registered with the Sub-Registrar of Assurances to be legally valid.
Executing the sale deed internally between you and the seller in front of two witnesses may not be sufficient to transfer the property title legally. Without proper registration, the property's ownership may not be considered valid, and you might face legal challenges in the future.
It is essential to follow the legal process and get the sale deed registered at the Sub-Registrar's office to ensure a valid and legally recognized property transfer. Consult with a qualified real estate lawyer or visit the local Sub-Registrar's office to understand the specific requirements and procedures for registering the sale deed in Mumbai suburbs.
Legal solutions made easy with NoBroker's expert guidance.Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
I have purchased a property in the Mumbai suburbs. I have done the sale agreement and paid the stamp duty and registration. I put that agreement of sale to the bank and Bank gave me a loan and provided the owner's cheque to me. I want to know do I have to go to the registrar's office to do the sale deed or I can execute the deed internally between me and the seller in front of 2 witness?
shindeabhijeet
154 Views
1
2 Year
2023-04-07T07:15:19+00:00 2023-04-07T07:15:20+00:00Comment
Share