I rented a flat in Somanath Apartment in May 2013. The owner bought it in November 2012. In April 2015, KSFC came to the apartment and put up a possession notice. The builder hadn’t repaid a loan taken in February 2006. The builder had sold the flat to another builder in February 2011 without telling KSFC. KSFC registered the loan against the property in May 2013. They didn’t do anything for seven years before that. Now they’re saying the loan was for Gauri Apartment. Can KSFC take possession of the flat? What are my rights, and who can I file a case against?

Apni Law
Apni Law
Law Forum › Category: Property › I rented a flat in Somanath Apartment in May 2013. The owner bought it in November 2012. In April 2015, KSFC came to the apartment and put up a possession notice. The builder hadn’t repaid a loan taken in February 2006. The builder had sold the flat to another builder in February 2011 without telling KSFC. KSFC registered the loan against the property in May 2013. They didn’t do anything for seven years before that. Now they’re saying the loan was for Gauri Apartment. Can KSFC take possession of the flat? What are my rights, and who can I file a case against?
Vote Up
152
Vote Down
Apni Law Staff asked 10 months ago

I rented a flat in Somanath Apartment in May 2013. The owner bought it in November 2012. In April 2015, KSFC came to the apartment and put up a possession notice. The builder hadn’t repaid a loan taken in February 2006. The builder had sold the flat to another builder in February 2011 without telling KSFC. KSFC registered the loan against the property in May 2013. They didn’t do anything for seven years before that. Now they’re saying the loan was for Gauri Apartment. Can KSFC take possession of the flat? What are my rights, and who can I file a case against?

1 Answers
Vote Up
28
Vote Down

Best Answer

Apni Law Staff answered 10 months ago

KSFC’s claim is likely invalid as they registered the loan against the property after your lease began. You have the right to defend your tenancy and can file a case against KSFC to protect your interest. You may also have grounds to file against the original builder for failing to disclose the loan and the subsequent builder for not informing you about the encumbrance.

You Might Also Like

Can we turn unused farmland into schools or sports grounds for our children?

Living in my shop for 4 decades, I’m now joining fellow tenants in giving our property to the landlord for redevelopment. We’ve signed and registered the agreement. Since my shop is in Pune Cantonment, what precautions should I take while handing over the property?

My family bought a flat four years ago, and it was supposed to be ready more than two years ago according to the agreement. The penalty for the delay seems to be just on paper. Recently, we received a letter asking us to finish some work in the flat. We’ve been to the construction site three times, but each time, we’re told we can’t see the flat for one reason or another. We’ve even sent emails and letters asking the builder to let us see the flat before we pay anything, but there’s no response. What can we do now?

Is a married daughter entitled to inherit her father’s property, just like her brother?

My brother works at SBI and we’re planning to buy land to build a house. He wants to take a home loan to cover both the land and construction. He says the property will be in our father’s name. I’m willing to share the loan interest, but I’m worried. If things go wrong between us later, can I claim a share of the property? Is it even possible to buy land in our father’s name if my brother’s the one taking the loan?

Share This Article
Previous Article Last Holi, on March 22nd, a group of 5 boys in our college wouldn’t stop throwing color on a girl, even though she repeatedly asked them to stop. When she tried to leave, they held her back, making it impossible for her to move. She filed complaints with both the college principal and the police. She also spoke about the incident publicly. The principal and police reached a compromise between the girl and the boys, but no formal police report was filed. Would this be considered sexual assault? Does the principal have the authority to act as a mediator in this situation? Can I file a separate complaint with the police about this incident?
Next Article I signed a two-year contract with an IT company in India. They promised a salary of ₹2 lakhs plus a 25% interest. They also said they’d pay ₹15,000 per month during training. However, they only trained us for three weeks before asking us to start working. I’ve been with them for two months now and want to leave. What should I do?

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.