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Friday, July 25, 2008 @ 09:30 in Bangalore, Indian Property, Indian Real Estate, Property Registration

Is there a difference between the rights of person whose name appears first on the registration document and the person whose name appears second?

Question asked by Prashant Shamarao from Bangalore:

Hello, My name is Prashant Shamarao and I am considering purchasing a flat in Bangalore. I currently live in Bangalore. My wife and I will be co-owners of this flat. Is there a difference between the rights of person whose name appears first on the registration document and the person whose name appears second?
Thanks,
Prashant

Vatsala Speak:

There is absolutely no difference, except that sometimes the voting rights in the meetings of the association are given to the person whose name appears first in the sale deed. Vatsala

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