Ahmedabad | 17 Jun, 2021 (4 months, 1 week ago)

Property Law

i am selling house buyer has applied for loan

person has applied for home loan and has sanctioned loan from small private bank. now he says first we have to register the property on his name and then he would mortgage property and then only bank/finance can give us DD. Should we go for it?
Answers
18 Jun, 2021 | 06:53

Ok
Call me we will discuss
Mobile no 9359867870
Advocate IRFAN SHAIKH


17 Jun, 2021 | 23:33

Hi

Yes , include a forfeiture clause in your agreement 2nd ask the bank to hand over the DD to you only in your favour only, there has been instances where the purchaser manipulate the bank and gets the DD on his name and are never seen again

Adv Shailendra Dubey


17 Jun, 2021 | 17:55

Yes sir
Call me we will discuss
Advocate IRFAN SHAIKH
Mobile no 9359867870


i-am-selling-house-buyer-has-applied-for-loan-6586928

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