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Sub:-Permission To Mortgage Etc

The document is a letter from the developer of a residential building to the Bank of Baroda providing permission and assurances for a mortgage on a flat in the building. It certifies that flat 602 was sold to the buyers and details the sale price and date. It confirms the building was constructed legally and assures the title is clear. It provides no objection to the buyers mortgaging the flat to the bank as security for a loan and agrees to record the bank's lien on the flat. The developer also undertakes to inform the housing society of the mortgage when formed.

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BOB BIRWADI
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304 views

Sub:-Permission To Mortgage Etc

The document is a letter from the developer of a residential building to the Bank of Baroda providing permission and assurances for a mortgage on a flat in the building. It certifies that flat 602 was sold to the buyers and details the sale price and date. It confirms the building was constructed legally and assures the title is clear. It provides no objection to the buyers mortgaging the flat to the bank as security for a loan and agrees to record the bank's lien on the flat. The developer also undertakes to inform the housing society of the mortgage when formed.

Uploaded by

BOB BIRWADI
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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The Branch Manager,

Bank of Baroda,
Titwala Branch

Dear Sir,

SUB :- PERMISSION TO MORTGAGE etc.

This is to certify that we have sold Flat No.________, on ______ floor on the building
called _______________________________ situated at
_________________________ to Mr.______________________________________
for a total consideration of Rs.______________/- under Agreement dated
_____________.

We confirm that we have obtained necessary permissions/s, approvals,sanction/s for


the construction of the said building from the concerned competent authorities and the
construction of the building as well as the flat is in accordance with the approved plan.
We assure you that the said flat as well as the said building and the land appurtenant
thereto are not subject to charge, litigation, civil or criminal or attachment either before
or after the judgment or liability of any kind and that the entire property is free and
marketable. We have a clear, legal and marketable title to the said property & every part
thereof.

We have No Objection to your giving a loan to the above buyer/s and his/her/their
mortgaging the said flat with you by way of security for repayment not withstanding
anything to the contrary contained in the said agreement.

We have not borrowed from any Bank or Financial Institution for purchase of the land or
construction of the building.

We are agreeable to accept Bank of Baroda as a nominee for the flat purchased by
Mr.._______________________________________________ and shall enter the
Bank’s lien on the said flat in our records.

We also undertake to inform and give proper notice in the co-operative housing society
as and when the same is formed that the flat being so mortgaged.

Yours faithfully,

(Authorised Signatury)
Date :
The Branch Manager,
Bank of Baroda,
Titwala Branch

Dear Sir,

SUB :- PERMISSION TO MORTGAGE etc.

This is to certify that we have sold Flat No. 602, Shree Krupa Residency, Village
Manda,Titwala East - 421605 to Mrs.. Chhaya Mohandas Thakurdas for a total
consideration of Rs.25,79,000/- under Agreement dated 20.10.2020. We have no
objection to transfer the said Flat in the name of Mr..Amber Gopal Bhavsar &
Mrs.Namrata Gopal Bhavsar

We confirm that we have obtained necessary permissions/s, approvals,sanction/s for


the construction of the said building from the concerned competent authorities and the
construction of the building as well as the flat is in accordance with the approved plan.
We assure you that the said flat as well as the said building and the land appurtenant
thereto are not subject to charge, litigation, civil or criminal or attachment either before
or after the judgment or liability of any kind and that the entire property is free and
marketable. We have a clear, legal and marketable title to the said property & every part
thereof.

We have No Objection to your giving a loan to Mr..Amber Gopal Bhavsar &


Mrs.Namrata Gopal Bhavsar and his/her/their mortgaging the said flat with you by way
of security for repayment not withstanding anything to the contrary contained in the said
agreement.

We have not borrowed from any Bank or Financial Institution for purchase of the land or
construction of the building.

We are agreeable to accept Bank of Baroda as a nominee for the flat purchased by
Mr..Amber Gopal Bhavsar & Mrs.Namrata Gopal Bhavsar and shall enter the Bank’s
lien on the said flat in our records.

We also undertake to inform and give proper notice in the co-operative housing society
as and when the same is formed that the flat being so mortgaged.

Yours faithfully,

(Authorised Signatury)
Date :

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