Can I buying a land where registered agreement to sale is already in place.
9 months ago
Hi All,
I am planning to buy a land in Varanai through a Broker who has a registered agreement to sell with the land owner. The broker says that the original land owner will register the land in my name at the time of registration and he (broker) will sign as a witness. I will pay both the land owner and the broker in their bank account and some cash.
1. Is there a legal challenge in this arrangement?
2. Can the broker later claim the ownership?
3. What is the best way to deal with this?
4. Can broker directly sell the land without the knowledge of land owner and sign as owner in registrar's office.
A.Dear client,
When considering buying land in Varanasi through a broker with a registered agreement to sell from the landowner, it is essential to approach the transaction with caution and follow proper legal procedures. Verify the legitimacy of the broker's agreement with the landowner by engaging a lawyer to review the documentation and conduct a thorough title search to ensure a clear and lawful transaction. Confirm that the agreement explicitly states that the property will be registered in your name to avoid any future ownership disputes. It is crucial to use secure payment methods, such as bank transfers or cheques, and maintain a transparent paper trail for the transaction. Ensure the land has a clear title without any encumbrances or disputes that might affect ownership. Moreover, a broker should not sell the land without the landowner's knowledge or consent, as doing so would be unlawful. To protect your interests and prevent potential fraud, verify the broker's credentials and the agreement between the broker and the landowner
When considering buying land in Varanasi through a broker with a registered agreement to sell from the landowner, it is essential to approach the transaction with caution and follow proper legal procedures. Verify the legitimacy of the broker's agreement with the landowner by engaging a lawyer to review the documentation and conduct a thorough title search to ensure a clear and lawful transaction. Confirm that the agreement explicitly states that the property will be registered in your name to avoid any future ownership disputes. It is crucial to use secure payment methods, such as bank transfers or cheques, and maintain a transparent paper trail for the transaction. Ensure the land has a clear title without any encumbrances or disputes that might affect ownership. Moreover, a broker should not sell the land without the landowner's knowledge or consent, as doing so would be unlawful. To protect your interests and prevent potential fraud, verify the broker's credentials and the agreement between the broker and the landowner
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