Should we register property immediately after Assignment Agreement?

5 years ago

Hello Sir,

We have recently booked a flat through assignment agreement from 1st buyer. Now 1st buyer is forcing us to register the property within 15 days because 1st buyer wants to settle some bills from builder through that(1st buyer is contractor of the builder).
Is it correct to register the property when only civil work has been done in the flat and tiling and painting and other finishing work is still pending.

Please advise.

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ARPIT BATRA

Responded 5 years ago

A.Looking at your agreement terms would be better for us to solve it

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Deepak Yashwantrao Bade

Responded 5 years ago

A.Dear client there is chances of frauds into property matters.you should be vigilant and carefully deal with property.kindly take better suggestions and advice from expert property lawyer

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ROBERT D ROZARIO

Responded 5 years ago

A.Need to review the terms and conditions of the Assignment Agreement.

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Nirmal Chopra

Responded 5 years ago

A.The registration of the property only passes on the title. It does not give clearance to reside in the building, being a noc from concerned corporation/ sanctioning authority. Any property which is capable of being transferred can be done at any time.it will pass a valid title but will give a right to start residing or using the building for which separate permission s required after completion of the building .

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Shanti Ranjan Behera

Responded 5 years ago

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A.Dear Client,
My sincerely suggestion would be to go for a Senior Advocate who can deal with range of laws applicable to real estate laws is extensive laws, like The Real Estate (Regulation and Development) Act, Transfer of Property Act, Contracts Act, state laws and regulations like your State Regional and Town Planning Act, Development Control Rules, etc. are what real estate lawyers deal with on a daily basis .Still better would be to get through Vidhikarya.com
Finally this would help you from harassment and tension free transaction.
Shanti Ranjan Behera, Adocate

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Rameshwar Dadhe

Responded 5 years ago

A.Dear sir you need to approach appropriate person whose the owner of the flats

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Kishan Dutt Kalaskar

Responded 5 years ago

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A.Dear Sir,
It is not safe to get it register now itself.

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Yogesh Anand

Responded 5 years ago

A.No. Registery can be done only after Completion Certificate is issued by local authorities and the possesstis handed over to buyer.

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