Possession letter and Payment Receipt
2 years ago
I have bought a resale flat with no possession letter and payment receipt (made by previous owner to builder) will that be a problem?if it is than what should I do?
A.Hello Sir
Possession certificate or letter is an important document that the seller has to produce to the buyer stating the date of possession. It's issued by the Tahsildar in the rural areas and RDO (Revenue Divisional Officer) in the urban areas. You can also use this letter to secure a home loan from a bank. You could ask your seller to get a new possession certificate for you once the property is registered in your name.
Thanks
If you find this advice helpful please rate.
Possession certificate or letter is an important document that the seller has to produce to the buyer stating the date of possession. It's issued by the Tahsildar in the rural areas and RDO (Revenue Divisional Officer) in the urban areas. You can also use this letter to secure a home loan from a bank. You could ask your seller to get a new possession certificate for you once the property is registered in your name.
Thanks
If you find this advice helpful please rate.
Helpful
Helpful
Share
Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hello Sir
It won't be a problem as you would be getting a new possession letter from the person from whom you have purchased the flat. But the possession certificate is a necessary documents which you must get from the seller while purchasing the flat.
Thanks.
Please rate if you find this advice helpful.
It won't be a problem as you would be getting a new possession letter from the person from whom you have purchased the flat. But the possession certificate is a necessary documents which you must get from the seller while purchasing the flat.
Thanks.
Please rate if you find this advice helpful.
Helpful
Helpful
Share
Read Related Answers
Heavy Deposit Money Not Returning
Dear Client,
Your query requires more details to address it suitably. You expressed your concern but not a cause of action behind that concern that attracts a legal remedy. It is a virtual platform w...
Son harnessing mom for her property
Dear Client,
If the property left by your deceased father intestate, i.e, that is without any will and it is his self-acquired property, all the surviving legal heirs of his family including your moth...
Transfer of Membership in the records of RWA
Dear Client,
In the given situation, please keep the track of encashment status of all PDCs issued to the Association for all purposes, and once all PDCs are encashed as per the Bank Statement, contac...
Remove wifes name from share certificate & sale deed of property due to dispute
Dear Client,
Your wife need to execute a relinquishment deed or gift deed in your favor to remove her name from the sale deed. If she denies it, you can file a suit for declaration before the civil co...
Forcefully shifting PG
Dear Client,
A dispute between a tenant/PG and landlord/Building owner is resolved under the state-specific Rent Control Act under which a Rent Controller or Addl Rent Controller is appointed to deal...
Read Blogs on Property
Property Lawyers
Find Lawyers by Location
