Not signed in (Sign In)

Categories

Click here to view All Real Guru's
Simpy Ask & answer to earn Real Points. Top 10 Participants will be called as Real Guru and profile will be showcased. Win lots of goodies whenever you become "Real GURU".
Click here to know more about the voting system and FAQ on Real GURU.

Simply Ask is a service of RealAcres.com No part of this site should be copied without the explicit permission of the owner.

Welcome Guest!
Want to Simply Ask? Or Answer the question you know? If you have an account, sign in now.
If you don't have an account, apply for one now.
Click here to Simly Ask!

Selling Home: can I sell a flat if society shares are not transferred but valid sale agreement is there

Bottom of Page

1 to 1 of 1

  1.  
  1.  
    • Answers: 1
    • Joined: Jun 3rd 2008
    Report Abuse
    Purchased a flat 6 months back. Title was clear
    Seller signed possession letter. Submitted all applications forms for transfer to society. Paid transfer fees of 15000 /-. Paid fees of Rs. 60 /-.
    But now came to know that Society AGM not conducted since 2 years because of internal disputes.
    hence shares not yet transferred to me.
    Can I now (or say after 2 years) sale the flat on the basis of agreement. Society says I can because they can issue a letter that as AGM was not conducted, shares were not transferred and that shares could be transferred directly to the one who will purchase flat from me.

    What are the implications of not having the shares transferred. What should I do now?

1 to 1 of 1

  1.  
Add your Answer
 
Back to Simply Ask Top of Page