I am looking to buy an apartment (resale apartment). How I will know whether it is mortgaged or not?

Q: I want to buy an apartment which is already owned by someone. The seller ensures that there is no issue related with this apartment. Still then I want to make sure that everything is okay. Is there any way to know whether this apartment is mortgaged or not?

Soundarya G S, Bangalore

26th September 2011

Buying property in Ahmedabad

buying flat

mortgage

mortgage loan

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You should first check that the seller is having original sale agreement, allotment letter and share certificate of the society with him. If it is confirmed that these all docs are safe with the seller, then there are maximum chances that the apartment is not mortgaged.