Can property be sold without original sale deed?
A.NO, a property cannot be registered if original sale deed is not with the owner, but a copy of the deed acquired from the registrar is available and name of the owner is displayed in the Encumbrance certificate. … best is to avoid buying such property as it will create troubles for you afterwards. thanks.
What if original sale deed is lost?
Please lodge a complaint in Jurisdictional Police mentioning that the Original Sale Deed Lost ( say of the reason or mention that Travel Miss. ) . They will issue the receipt of acknowledgement and place the same before the of the concern sub register office and apply for a certified copy of the Sale Deed.
How do you sell a house without the original deed?
The owner will have to submit copies of the police complaint, share certificate from the housing society, the newspaper advertisement, and the undertaking, at the deputy registrar’s office and pay the required charges. He will then be issued a copy of the sale deed.
Do I need original title deeds to sell my property?
So, do you need the deeds to sell a house? It’s possible to sell or remortgage a house without the deeds, but you must prove you own the property to do so. … If deeds have been lost or destroyed, the first port of call is to check whether the property is registered with the Land Registry.
Can we transfer property without sale deed?
“Immovable property can be transferred/conveyed only by a deed of conveyance (sale deed), duly stamped and registered as required by law. We, therefore, reiterate that immovable property can be legally and lawfully transferred/conveyed only by a registered deed of conveyance.”
Can you register a property without deeds?
In order to register a property without title deeds, a conveyancer would need to reconstitute the deeds. This involves putting together sufficient evidence to allow the Land Registry to determine if registration is possible. Each application will be determined on its individual facts.
What do I do if I lost my original property documents?
Here are the steps required to get the duplicate papers for your property:
- File a police complaint immediately. …
- Publish an advertisement. …
- File an application for share certificate. …
- Register with the notary. …
- Get the duplicate sale deed.
What if original sale deed is lost by Bank?
Filing an Official Police Complaint
In the Police FIR, you must clearly state that the bank has lost the Sales Deed submitted by you against the home loan from the bank. After this, submit this FIR copy to the bank and receive an acknowledgment about it with the signature and bank seal on it.
Can you sell your house if you have lost the deeds?
Selling your home without the title deeds is possible, but you must still prove you own the property. How long and complicated this process depends on whether your home is registered with the Land Registry or not. Fortunately, most homes are registered.
What if property is not registered?
Stamp duty and registration charges are paid to the govt and the property is registered in the name of the owner. This is how ownership right is created for a property. Without registration, a buyer has no legal right over the property so, one cannot sell it to anyone under the Transfer of Property Rights Act.
What happens if I lose my house deeds?
If the deeds went missing or were destroyed while in the custody of a law firm or financial institution then, if satisfied with the evidence, the Land Registry will register the property with an absolute title. If not, then it is usually the case that the property will be registered with a possessory title.
Who has deeds to property?
The title deeds to a property with a mortgage are usually kept by the mortgage lender. They will only be given to you once the mortgage has been paid in full. But, you can request copies of the deeds at any time.
What is the difference between title and deed?
The biggest difference between a deed and a title is the physical component. A deed is an official written document declaring a person’s legal ownership of a property, while a title refers to the concept of ownership rights.