felix menezes , Mumbai
Q: Dear Sir, i'm planning to buy a 2nd hand used flat. The owner and his wife has passed away. Now the son owns the flat. Title has not transferred to him. The original owner has just 2 sibiling. Son who is staying now in the flat, has a married sister outside. Also he has two sons. What documents are mandatory for me to buy this flat. It is about 27 years old and going for redevelopment within the next 1 year. I plan to pay full cheque payment. thanks F A Menez
My comments to replies
You are right Arup, Also required is an assessment bill to the Society from the municipality in question, a NOC from the Collector if the building exists on Collector's land, a copy of the property card, and a receipt for the payment of registration fees. In addition, the buyer of a resale flat should ask for a clear ownership history if the residential property has changed hands before.
Dear Sunil, thanks yours. Since the society is in existence since last 25 years, don't you think Original Sale deed, society NOC, flat owner electricity bill payment proof and society maintenance payment proof is sufficient? The original owner seem to have lost he original Share certificates, flat payment receipts etc. The whole file is misplaced/lost as it was originally managed and maintained by the parents of current owner (their son). Society is willing to issue duplicate share certificates based on filing police complaint by the flat owner. What do you suggest.
13th August 2015

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