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Builder buyer Agreement for resale

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Builder buyer Agreement for resale

Last updated: December 16 2012
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  • Builder buyer Agreement for resale

    I purchased a flat in omaxe plam greens greater noida in resale.Property has been transferred to my name.But I found that builder buyer agreement is olde one only and on name of prevoius owner only.Builder kept the BBA on name of previlus buyer only.on back side of builder buyer agreement he put an stamp got sign of seller and buyer.Stamp says that seller is transfeering the property on my name.

    Just wanted to confirm if this is the process carried out in resale. Or builder should have made a fresh builder buyer agreement on my name.

    Those who purchased in resale please provide your input.
  • #2

    #2

    Re : Builder buyer Agreement for resale

    Friends.... Your inputs please

    Comment

    • #3

      #3

      Re : Builder buyer Agreement for resale

      I got one in resale and the builder took an affidevit, BBA and all the original reciepts from the seller that He is transfering the unit to me.

      Later He prepared fresh reciepts in my name (referencing the older reciepts). and a new BBA with my name.

      Comment

      • #4

        #4

        Re : Builder buyer Agreement for resale

        From which builder did you purchase ?

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        • #5

          #5

          Re : Builder buyer Agreement for resale

          Gayatri in NE

          Comment

          • #6

            #6

            Re : Builder buyer Agreement for resale

            What is your builder name... This does not seem wrong. This can be endorsed on your name. Do you have home loan ?

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            • #7

              #7

              Re : Builder buyer Agreement for resale

              Originally posted by Apple21 View Post
              What is your builder name... This does not seem wrong. This can be endorsed on your name. Do you have home loan ?
              21.. Was your message meant for me? If yes, builder is omaxe .Now in payment receipt my name appears(only on the paymets I made).What do you actually mean by endorsment?

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              • #8

                #8

                Re : Builder buyer Agreement for resale

                Yes Abhianand, Endorsement of old BBA is completely valid. You don't need to worry about that most of builder keep only one BBA for one property and do endorsement to new buyers on same BBA. Me too purchased a property in GGN with a reputed builder and followed the same process. So nothing to worry about that.

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                • #9

                  #9

                  Re : Builder buyer Agreement for resale

                  Originally posted by hammy1 View Post
                  Gayatri in NE



                  Are u sure that Gayatri has permitted buyers to transfer/resale in their NE projects.
                  NO RISK NO GAIN

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                  • #10

                    #10

                    Re : Builder buyer Agreement for resale

                    Originally posted by jsharma View Post
                    Yes Abhianand, Endorsement of old BBA is completely valid. You don't need to worry about that most of builder keep only one BBA for one property and do endorsement to new buyers on same BBA. Me too purchased a property in GGN with a reputed builder and followed the same process. So nothing to worry about that.
                    Thanks Mr J sharma....Now my heart is bit relived......

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