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Real Estate Forum on Noc For Bank Loan

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Q: I am selling my flat and buyer is taking loan on my flat and he is saying after That I will give you money and the process of registration is already done with sub register office already he has taken all the original document but now he want NOC from my society and my society is giving NOC but on my name but purchaser is insisting take NOC on his name. Plz give me suggestions what to do.
Latest Answer: Have you transferred the ownership rights to your buyer if not then your society will issue the NOC in your name only. Until and unless you don't transfer the ownership rights to the new buyer, NOC will be issued to your name only. So, try to make him understand about the legal procedure.
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