I am buying a property which has not been registered by the seller and hence the developer is also included as a third party in deal. The seller never took a loan against the property. The bank lawyer has raised an observation that the developer has mortgaged the unit while the developer is insisting that he has not. Bank has requested developer to share MOTD to verify this but is unfortunately getting into a stalemate. Is there any other way out


Answer ( 1 )

  1. Vivaan

    Please get the encumbrance Certificate pulled for the particular flat from an SRO. You will get to know if the property is mortgaged.

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