I’m planning to buy an apartment in a registered co-operative society. While reviewing the documents, I noticed a few things:
1. There’s no sale deed, just a registered agreement for sale.
2. The agreement mentions the property is financed by the father-in-law, who’s still alive and has given power of attorney to his daughter.
3. The registered agreement lists the owners as the daughter, her husband, and her father.
Should I insist on getting a No Objection Certificate from the father? Do they have a clear legal title to the property?
Best Answer
It’s crucial to get a No Objection Certificate (NOC) from the father-in-law. While the registered agreement for sale and the power of attorney suggest the daughter has authority, the father’s involvement and the presence of his name on the agreement indicate a potential ownership interest. Without an NOC, your purchase may be contested by the father in the future, leaving your title unclear.
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