Eye opener -
Another one
Be aware !
DO NOT Laminate property documents and
Educational Certificates
Goofing up of Laminating
property documents and Certificates
Something very informative & useful. Most of
us are tempted to get the documents laminated so as to preserve these. Do pass
it to friends too.
"We had our property documents laminated for
their safe keeping. This was years ago.
Recently we tried for a bank loan by mortgaging
the property docs. At the final stage of verification of original documents, the
Bank Lawyer flatly refused even to look at the documents saying that they are
laminated. The reason being that, since they are laminated, the original
documents cannot be differentiated from the color photocopies. Appears, it was a
hard learned truth as the Bank was duped by the color photocopies of the
original documents, duly laminated and presented.
We were asked to get the documents de-laminated !
else forgo the loan.
The concept of de-laminating was something like
"OMG, is it possible ?" to us. We started our search of the holy grail aka
searching for 1 who can de-laminate. Frantic calls to friends did not yield any
results.
The internet is a funny thing, it gave us the
address of one at Lahore in Pakistan. That apart, we got another person in our
own Namma Bangalore who quoted Rs 3500 per document, with 20 documents on hand
we were looking at cool 70 K for de-lamination. We were about to be robbed. The
words of Don Vito Corleone immortalized by Mario Puzo in The Godfather, "The
lawyer with the briefcase can steal more money than the man with the gun."
flashed before me.
My wife had no problems in delivering Marlon
Brandos deep voice of "I told u so and u are a ***** " and many other truths
perhaps only found in Sun Tzu's writings.
At last we could find some one at Mysore who
agreed for Rs.500 per paper. We rushed to Mysore & got them done. The whole
experience has left us with lot of knowledge.
We have a lesson
here:
Pl do not laminate the
original property documents. The Banks would not touch them. No loans can be
taken on them. Even the buyers would hesitate at the time of sales. Further please be careful while receiving such
laminated documents in a transaction.
Whilst browsing, I have also
come across where the people have run into Visa problems while submitting the
laminated mark sheets, degree certificates.
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