I bought a flat in Bangalore in 2004 and have lived there ever since. I took a loan from Standard Chartered Bank to buy it. Recently, I discovered that the sale agreement with the builder wasn’t registered, but the sale deed was registered and all stamp duty was paid. However, the joint development agreement between the builder and the landlord wasn’t registered. The builder held a Power of Attorney from the landlord when I registered the property, but this Power of Attorney wasn’t registered. The landlord bought the land in 2003 through a registered sale deed, but the previous landlord got it through a court settlement in Bangalore Civil Court, and this court order wasn’t registered. Now, if I want to sell the flat, do I have a clear title? Any advice would be greatly appreciated.
Best Answer
Your title may be unclear due to the unregistered sale agreement and joint development agreement. While the registered sale deed and payment of stamp duty are positive, the unregistered documents may raise questions about the chain of title. It’s advisable to consult a lawyer specializing in property law to assess your situation and advise on necessary steps to ensure a clear title for selling.
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