In this video I tried to give you some precaution measures to avoid frauds. This is the story of A of Panchkula Haryana,who bought a plot of a shop for Rs 40 lakh 3 years ago from B. The seller who sold him this plot was having all documents at the time of registration of sale deed. But this person B made a blunder when he bought the same plot from some other seller A . The previous seller A took a loan of Rs 30 lakh from the Bank but the entry of loan was not entered in Patwari's record. He sold this plot to the purchaser without disclosing that amt of loan.The sale deed was kept with the bank. But B could not procure the sale deed from the seller A. Now, when C went to take possession of the plot, the staff of Bank came there and informed about the loan availed by A.Now C has paid Rs 40 lakh to the seller B and B had also paid the amount to A. A took money from B as well as Bank. Now A asserts that he has no money to repay the loan. Fraud occurred with C who paid the full amount to B and perhaps he has to repay Rs 30 lakh with interest to Bank. So, that's why I always say "Beware the Buyer"
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