- As per rule,An allotment letter is one of the most important documents required for getting a home loan, and is issued by a builder /developer or the housing authority, and it contains the description of the property and details of the amount paid by the buyer to the builder/developer.
- Further an allotment letter is issued on the letterhead of the authority , and is issued to the first owner and other owners can ask for the copy of the original letter from the seller at the time of purchasing the property.
- And further , Possession Letter is also provided by the builder/developer , and an original copy of this document also needed for getting a home loan.
- Since, these two documents are missing , hence the seller should approach the builder and in the authority for re-issue the duplicate copy of the same after proper stamping.
- However, he should lodge a complaint before applying in the authority.
- Further issue a legal notice to the seller for the execution of the transfer documents in your favour after paying the dues of Noida authority.
- As per Supreme Court direction , this agreement entered by you with the seller is valid for further 2 to 3 months due to covid-19 lockdown, but this direction is in news only.
- If , no response from the seller , then lodge a complaint before the police and a copy forward to the authority as well, so that he cannot transfer the said property to other.