Hi, I’m buying an apartment in India. The seller says he won’t share his original sales deed with the developer, fearing it’ll reveal his purchase price and hurt his bargaining power. Is it reasonable to ask for this document? Any advice would be appreciated.

Apni Law
Apni Law
Law Forum › Category: Property › Hi, I’m buying an apartment in India. The seller says he won’t share his original sales deed with the developer, fearing it’ll reveal his purchase price and hurt his bargaining power. Is it reasonable to ask for this document? Any advice would be appreciated.
Vote Up
333
Vote Down
Apni Law Staff asked 2 years ago

Hi, I’m buying an apartment in India. The seller says he won’t share his original sales deed with the developer, fearing it’ll reveal his purchase price and hurt his bargaining power. Is it reasonable to ask for this document? Any advice would be appreciated.

1 Answers
Vote Up
47
Vote Down

Best Answer

Apni Law Staff answered 2 years ago

It is absolutely reasonable and recommended to ask for the original sale deed. While the seller may have concerns about revealing the purchase price, withholding this document raises red flags. You have the right to verify the chain of ownership and ensure there are no legal issues with the property.

You Might Also Like

My family, like many Indian families, follows the Hindu tradition. My grandfather inherited land from his own ancestors. In 1996, my grandfather and his sons divided the property, with my father receiving his share. Since I have a brother, and I’m the daughter, can I claim a portion of my father’s share? I got married in 2010 and my father lives with my brother. If my father writes a will, will it be valid in the future?

My family built a house on our ancestral land with a loan, but now my parents want to give it to my brother. It’s been built with our hard-earned money. How can I ensure I get my share of the house?

If a woman remarries after her husband’s passing, can she still claim a share of his property?

My mother is facing a difficult situation with her brother and nephew over our grandparents’ house in Tilak Nagar, West Delhi. The house is about 60 square yards, and unfortunately, no property registration or will was ever made. My grandparents passed away before my father, who died in July 2000. My father had one brother and two sisters, and I have one sister. My uncle holds the property papers in his name. My mother and I are worried because my uncle and his son are pressuring her to leave the house, claiming full ownership. Is my mother legally entitled to a share of the property, and how can she secure it? My uncle and nephew are making her life difficult, and we need advice urgently.

I’m planning to buy a pre-owned apartment for around ₹90 lakhs. The owner wants ₹20 lakhs in cash and the remaining ₹70 lakhs documented legally. I’m a regular salaried person and it’s tricky to manage such a large cash payment. I have the funds in my bank account, but I can’t withdraw such a huge sum at once. I also plan to sell my current flat for ₹65 lakhs. What’s the best way to proceed with this purchase, keeping in mind the cash component? Any advice would be greatly appreciated.

Share This Article
Previous Article My agent promised to give me a cheque within 60 days, assuring me it would be cleared in my account after that. However, when I deposited the cheque, it bounced due to insufficient funds. What legal action can I take against him?
Next Article My father inherited land in 1975, after a legal division of property from his siblings and mother. He sold most of it between 1993 and 1999, and the remaining portion was transferred to my mother in 2004. We’re now planning to sell this remaining land, but my father’s niece has filed a claim, stating the property should be shared with her. She claims the land was sold on behalf of her father, but has no documents to support this. She’s presented a family tree and obtained a temporary restraining order against the sale. What steps can we take to defend ourselves and ensure the case is dismissed?

Follow US

Find US on Social Medias
Popular News
- Advertisement -
- Advertisement -
Ad imageAd image

📢 Stay Connected!

Join our community on Telegram and WhatsApp for instant updates, news, and exclusive offers.