Vetting of property documents

Dated: January 25, 2004

Mr. A

Credit Manager

Personal Financial Services

Bank 1

Dhaka Main Office, Anchor Tower

1/1-B, Sonargaon Road, Dhaka-1205

RE: VETTING OF PROPERTY DOCUMENTS A/C: “W”

Dear Sir,

Please refer to your letter dated 20.01.2004 on the above subject.

We have perused and verified the documents/papers (all photocopies) referred to us. Our opinion is as follows:

Documents Our comments
Khatians R.S. Khatian No. 496 has been submitted. But R.S. Khatian No. 436, P.S.  Khatian No. 175 have not been submitted.
Non-encumbrance Certificate Submitted non-encumbrance Certificate Memo No. 694 dated 24.05.2003 up to 2000, counter signed by the concerned Sub-Registrar Sadar Record Room, Chittagong.Non-encumbrance Certificate up to 2004 from the Sub-Registrar must be obtained.
Ground Rent Receipt Submitted Ground Rent Receipt No.  H 204786 showing payment of rent up-to 1410 BS for 10 decimal of land in the name of Mrs. B.
Municipal Tax Payment Receipt Not submitted
Valuation Certificate Not Submitted
Agreement Submitted Deed of Agreement dated 16.06.2003 from which it appears that Mrs. W entered an agreement with Ideal Home And Builders Limited to purchase an apartment of measuring 1646 square feet along with undivided and undimarcated land  measuring 432 square feet being apartment No. 1B and car parking space being No. P-4.

In view of the above we are of the opinion that the following documents/papers are still wanting:

a)           R.S. 436 and P. S. Khatian 175.

b)           Non-encumbrance Certificate up to 2004.

c)           Municipal tax payment receipt

d)           Deed of Agreement dated 22.10.2000 executed by and between present owner Mrs. B and Ideal Home and Builders Limited.

e)           Valuation certificate (optional)

Should you have any further query please do not hesitate to revert back to us.

All papers/documents referred to us are returned herewith.

Thanking you.

Yours faithfully,

(__________________)

Barrister-at-Law

Disclaimer:

The information contains in this web-site is prepared for educational purpose. This site may be used by the students, faculties, independent learners and the learned advocates of all over the world. Researchers all over the world have the access to upload their writes up in this site. In consideration of the people’s participation in the Web Page, the individual, group, organization, business, spectator, or other, does hereby release and forever discharge the Lawyers & Jurists, and its officers, board, and employees, jointly and severally from any and all actions, causes of actions, claims and demands for, upon or by reason of any damage, loss or injury, which hereafter may be sustained by participating their work in the Web Page. This release extends and applies to, and also covers and includes, all unknown, unforeseen, unanticipated and unsuspected injuries, damages, loss and liability and the consequences thereof, as well as those now disclosed and known to exist.  The provisions of any state’s law providing substance that releases shall not extend to claims, demands, injuries, or damages which are known or unsuspected to exist at this time, to the person executing such release, are hereby expressly waived. However the Lawyers & Jurists makes no warranty expressed or implied or assumes any legal liability or responsibility for the accuracy, completeness or usefulness of any information, apparatus, product or process disclosed or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product process or service by trade name, trade mark, manufacturer or otherwise, does not necessarily constitute or imply its endorsement, recommendation or favouring by the Lawyers & Jurists. The views and opinions of the authors expressed in the Web site do not necessarily state or reflect those of the Lawyers & Jurists. Above all, if there is any complaint drop by any independent user to the admin for any contents of this site, the Lawyers & Jurists would remove this immediately from its site.