Plot purchase - missing buyers signature in the current sale deed
Dear Sirs\Madam
Am planning to purchase a plot from a seller lets say Mr Shankar. Shankar actually has purchased this plot from one of builder in Bangalore (Ferns), that plot was bought & registered on both Mr. Shankar & His Mother, in the year Feb 2013.
When we checked their Feb 2013 Sale deed, we noticed two things
1. In the last page where seller & buyers usually sign (along with witness).... we could see Sellers (Ferns) Signature, but on the buyers side it has only the signature of Shankar's Mother. Mr. Shankar DID NOT Sign the sale deed.
2. On all other pages only the signature of seller (ferns) is there. Both the buyers (Mr Shankar and his mother) signature is not there i other pages.
What is the impact of this issue? How to Correct?
regards,
Arun
Asked 2 years ago in Property Law
Religion: Hindu
Dear Sirs, Thanks for your replies. Had discussed the rectification deed option with seller, seems he explored the same and only confirmation deed is possible in this case and not rectification deed. What is the different between rectification & confirmation deed? Will confirmation deed enough for this issue? kindly suggest
Asked 2 years ago
Dear Sirs,
Thank you so much for all you inputs.
We are preparing the rectification draft with our lawyer. Kindly check if below THREE clauses in "WITNESSETH AS FOLLOWS:" section below, is good enough or do we have to add any other points please?
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WITNESSETH AS FOLLOWS:
I. WHEREAS the First Party herein have sold the property bearing residential Plot bearing xxx, No. xxx, measuring xxx square feet, located in the layout " xxx ", formed of Survey Nos. xxx, and forming part of the Layout Plan approved by xxx Vide its Plan Sanction Order xxx, dated xxx which is more fully described in the schedule herein below and hereinafter referred to as the “Schedule B Property” situated at situated at xxx xxx, XXX xxx, xxx Taluk, xxx xxx District,, in favour of the Second Party by executing a Sale Deed dated xxx, registered as Document xxx Book I and stored in xxx, in the office of the Sub-Registrar, xxx, xxx, registered on xxx The said registered Sale Deed is hereafter referred to as the “Principal Deed”.
II. AND WHEREAS certain mistakes have accidentally and inadvertently crept in the Principal Deed with regard to the Second Party, SL.No.1 namely MRS. Uma and SL.No.2 namely MR. Shankar was have not signed the “Principal Deed”. But by oversight and inadvertence in the principal deed. The said mistake requires rectification in the manner hereinafter appearing.
III. NOW THIS DEED WITNESSETH that in the “Principal Deed” at Pages 1 to 6 were not signed by Second Party, SL.No.1 namely MRS. Uma and the pages No.1 to 7 were not signed by MR. Shankar. The said mistake has to be rectified in the “Principal Deed”.
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Asked 2 years ago