Can I purchase a property if it's previous sale deed is not found?
The first owner sold the plot in 1982. The second owner sold it in 1985. The third owner sold the plot in 2002 and constructed a bungalow on it. I will be the fourth owner in 2025. 1. The first two sale deeds (1982 and 1985) are lost. 2. The third (latest) sale deed is available. 3. An FIR has been lodged, and a Lost Documents Certificate has been obtained from the police. 4. A public notice regarding the lost sale deeds has been published in the newspaper. 5. An undertaking from the seller has been taken. 6. Certified copies of the lost sale deeds have been obtained. 7. A search report has been conducted by an advocate. Is there anything else that needs to be done? Can I proceed with purchasing the bungalow?
Dear Client, Analyzing the proactive steps taken on your behalf, it can be concluded that all the essential precautions have been taken and due-diligence have been complied with, regarding the lost sale deeds of the property. Furthermore, you may ensure the issuance of a non-encumbrance certificate from the sub-registrar regarding the property and ensure whether the building plan and occupancy certificate of the bungalow is available and regularized under the applicable laws. Once these are also satisfied, you may go ahead with the purchase of the property. I hope this answer helps. In case of future queries, please feel free to contact us. Thank you.
You have completed all key legal steps like FIR, certified copies, public notice, and lawyer's search report. Just make sure the seller gives you an indemnity bond and the property has no dues or legal issues. If your lawyer confirms everything is clear, you can safely go ahead with the purchase. For further legal assistance contact us on our helpline number.
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