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UHi,
My house has a house that has a registration on her maiden name. Now we are looking to sell the house but there are some issues we are having .Below i have listed the issues.
1. My mother bought the house from the original owner who got the house through allotment in late eighties. The buyer had paid the token amount for the house, he didn’t do the registration on his name . he sold my mother the house through power of attorney documents and then in early 2000s , my mother did the registration of the house on her maiden name. When we gave the documents to the lawyer for registration transfer form my mother to my sister, he said that the registration is not a proper registration as the previous buyer gave you the power fo attorney and you did the registration so he said that you can transfer the registration form your mother to your sister and this way you will have a complete chain of registration as this transfer will be from previous owner registration to new owner registration and then you can sell the house to next buyer, so that next buyer can take a loan from bank .
2. We have lost the original Power of attorney document where the original buyer had given the rights to my mother , we only have its photocopy.
So my issue is right now , we have a buyer who is even ready to give us token amount for buying the house.
Tell me should i do the registration transfer from my mother to my sister just so that we can sell the house to this buyer or is it not necessary ? As the registration transfer is costing me something around 60-70000rs. The house is worth around 10 lakhs, approximatelyNote: the buyer will probably take a loan so i know that he has to show all documents to bank to be eligible for loan for the house.
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