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Home > Forum > Mumbai > Buying property > How to know whether an apartment is mortgaged or not?

How to know whether an apartment is mortgaged or not?

Q: I want to buy an apartment which is owned by one of my friends. I heard that this apartment was mortgaged few years back. But, he says that now there is no issue related with this apartment. Is there any way to know whether the apartment is mortgaged?

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1
Make sure that your friend is having original sale agreement, allotment letter, and share certificate of the society with him. These are the major docs that indicates that the owner is having a mortgage-free apartment.
Abhilasha


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