Execute partition deed and get the certify copy of sale deed.
My grandfather bought a 10000 sq ft property jointly with his brother in Lucknow in the year 1967. the registry contains the name of both the brothers and original and only copy is with other brother,s family. Now both my grandfather and his brother and wifes of both the brothers are no more.and the plot is divided among both the families..the plot no are registered different in house tax . electricity bill , water bill etc Now i have my name in the mutation papers of my plot. Now i want to avail a construction loan formy plot .the bank is asking for the registry.which is with other family what can i do now to have a separate registry or any other documents that work as a collateral in bank.
Sir , you said partition deed that i understand but plz tell more about sale deed from whom i will buy my own ancestoral plot..
See the complete family can prepare a partition or settlement deed showing different plot no..And dimension of same and same can be submitted to bank.
apply for and obtain certified copy of sale deed from sub registrar office
2) you can ask your uncle family to give you certified copy of sale deed
3) if plot is divided among family members deed of family settlement or partition has to be executed duly stamped and registered to confer title to your portion of property
Get the certify from sub registrar office but may not available as very old. Ask your co owner to give you copy of sale deed and get it notorised.
The plot of land was bought and a building was constructed upon it. Now the building along with the plot is jointly being held by the heirs. A copy of the registered deed can be taken from the registrar office and then the bank can grant you loan.
Regards
There can be any registration unless partition or mutual settlement.
Get documents registered based on which mutation was done.
You can get the certified copy of your registry from sub registrar office and show your share in the same. Or you need to go for partition suit or deed for the same
1. IF the mutation of the property is properly conducted and stands in your name, THEN bank is not entitled to ask for any other document, except the mutation document.
2. You can apply to the local office of the Registrar of Sub-Assurances with details like date, place, then owners name in the then registry and obtain proper "certified copies of the then registered document. This would be legally sufficient for ALL purposes.
Even though your grandfather's property was divided among the two families of your grandfather's sons, there was no registered partition done among yourselves.
This is the lacuna at our end.
Without a registered document you cannot claim title to the properties allotted to you as your share in it.
Therefore when ther is no clear title to the properties in your possession the bank would hesitate to grant any loan on it.
Even now you enter into an amicable partition among yourselves, draw a partition deed, get it registered before the jurisdictional sub-registrar's office by paying the applicable stamp duty.
This will enable to apply for loan from bank.
You have already got the properties partitioned from your co-sharers and are in possession and enjoyment of the same hence all you have to do now is to draw a partition deed and get it registered through a registrar's office
you may consult a local advocate and proceed on the further .suggestions received.