Buying resale flat without mutation
I'm buying a Resale flat from personal finance(without bank loan).
Here is the scenario:
Both myself and my lawyer have seen the original Registered Sale deed, possession letter, and Allotment letter.
Searching has been done by my lawyer and its ok. Still I want a second opinion so posting here.
The seller hasn't done mutation yet.
My qs:
1) Is it 100% safe to buy the flat even though Mutation isn't done yet in the given scenario? My lawyer says no problem. What are the risks of buying a flat without mutation?
2) The Said flat has 2 parkings(one which came originally with the flat and another he bought later.
The allotment letter has the flat and 1 parking mentioned. While the possession letter as well as the Sale Deed has both parking mentioned clearly. Still do I need to confirm with the apartment association re both the Parking spaces?
Thanks
Asked 7 years ago in Property Law
Religion: Hindu
Thanks everyone for your answers!
I just want to add that both the parking space were registered by the Developer alongwith the flat and are mentioned clearly in the Sale Deed(to the seller from whom Im buying).
However currently, its not the builders who are managing but the Apartment Owners Association is formed recently and is managing things. So is it even necessary to ask them to confirm about the parking Spaces as I assume I will have legal title to them once my Sale deed is registered? I have already physically verified the parking spaces with numbers.
Also the 2nd parking is open.
Asked 7 years ago