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What if builder is not giving possession letter?

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What if builder is not giving possession letter?

If the possession certificate is not provided by the builder, the buyer himself or herself can apply for it online. The Possession Certificate is obtained by the state authorities, therefore, for different states, there are different websites to obtain the possession certificate.

Can registry be done without completion certificate?

Completion certificate is a formality and without this there is no restraint in doing registration. 2. If the building is fit for possession and ready for delivery then you are liable for maintence charge even if you not take possession of the flat or has not done registration.

What is allotment and possession letter?

If you are booking an under-construction property, you are required to receive an allotment letter from the builder. It also includes the construction schedule, house plans, delivery date and builder’s liability in case of late completion or problems after possession.

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What happens if Builder does not give sale deed?

so engage an Advocate and send legal notice then approach the consumer forum. There will not be an issue of delay. Case is within the limitation period. Serve a legal notice and if they don\’t oblige, file in consumer forum.

What happens if Builder does not give possession on time?

1. What happens if the builder does not give possession? In case a builder fails to deliver the project within the mentioned date, the buyer can move to a court and send a legal notice to the builder under the RERA Act. The builder is required to pay 10\% interest on the property’s value to the owner.

Can society be formed without completion certificate?

Obtaining an OC is a requirement under the Karnataka Apartment Ownership Act, 1972. The law says one cannot legally move into a building unless the developer gets an occupancy certificate from the BBMP or BDA.

What if allotment letter is lost?

A allotment letter can be lost. You write a letter to your Promoter stating that you have lost the Allotment letter and submit an Affidavit with regard to this and request for Duplicate Allotment Letter. He is bound to reissue the Allotment Letter.

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How do you get a possession letter?

To obtain a possession certificate in India the following documents can be submitted:

  1. Copy of the registered lease and the sale deed agreement.
  2. Ration Card.
  3. Copy of the encumbrance Certificate.
  4. Id proof of the applicant.

Why sale deed is required?

A sale deed is the most crucial document of your housing deal. It is the document that you need to provide as proof of ownership. Also, any pending impediments, such as property tax, water and electricity charges and so on, needs to be paid in full before the sale deed is formatted.

Can I sell the flat without sale deed?

Yes . you can sold the your flat without previously made sale deed . but you are extra charges will be occurring when you saling this flat. firstly you made a confirming agreement between previous owner and you then registered.

What is a possession letter from a developer?

Possession Letter. The possession letter is issued by the developer in favour of the buyer stating the date of possession of the property. The original copy of this document needs to be produced for securing a home loan. A possession letter alone would not suffice for legal possession of the property unless OC has been obtained.

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Is a possession letter alone sufficient for legal possession of property?

A Possession Letter alone would not suffice for legal possession of the property, unless the OC has been obtained. Certificate of Occupancy or Completion Certificate is a document which is issued at the end of the construction, by a local government agency or planning authority.

Can I Sell my Flat after getting possession deed?

Answer: yes, you can sell flat as you have already conveyance deed. If purchaser ask for possession letter, then you can request dda for second copy. Raj Kumar Makkad (Expert) 22 January 2012 There is no difference of possession letter and possession slip.

Do I need a separate letter of possession for conveyance deed?

Once the conveyance deed is executed there is no need for any separate letter of possession The conveyance deed itself would contain a recital regarding possession. Hence the possession slip now with you will suffice. Shailesh Kr.