► I am planning to purchase a small residential property (around 3.7 cents of converted land) in Kundapura, Karnataka. The property has a house, and the seller claims all documents are clear.
However, the seller says the conversion is in his name and he has a registered sale deed, but the RTC (Pahani) still shows the previous owner. He says this is normal and takes time, and suggested I check with lawyers or banks.
I need clarity on:
Is it safe to buy when RTC is not updated to the seller’s name?
How important is mutation and RTC update before purchase?
Will banks approve loans in such cases?
What risks are involved if I proceed?
Should I insist on mutation completion before registration?
I want to avoid future legal or financial issues.
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