BE AWARE: Mr Malik of Malik Travel Services is urging property buyers that even the slightest bit of information could be important if a dispute arises in the future.
A businessman is urging those purchasing properties to keep hold of all their documents after he says he was forced to spend nearly £40,000 to prove a property was his.
His comments came at a time when all sellers putting a home up for sale with four or more bedrooms must provide a Home Information Pack (HIP).
Mohammed Malik of Malik Travel service said he bought his property in March 2001 for £90,000. However three years later the seller of the property claimed that the adjacent car park and spare land had not been part of the sale.
"A home information pack may well have helped at the time."
"I was totally flabbergasted by these accusations. I didn't know what to do. However, luckily I had kept all the necessary paperwork."
Mr Malik already owned 49 Whalley Range and purchased 50/52 Whalley Range.
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The seller decided to take Mr Malik to court about the property in Whalley Range, blackburn.
Mr Malik fought the case in court at a cost nearly £40,000 to himself.
In August 2006 the court found that the car park and spare land had indeed been part of the of the initial sale. "It was total waste of time and money in my opinion.
"I was forced to fight the case because the seller felt the car park and land were still his.
"At the time house prices had rocketed and the property was worth much more than a couple of years earlier."
"In my possession was the surveyors report which clearly mentined the car and spare land was included in the sale and just as importantly the description as advertised by the estate agent."
"I urge all small buinesses to take care of all of their documents when they purchase a property.
"It could save you so much time and money in the future."
"Anything you might think is not important could be crucial later."
The claimant Mohammed Akbar was ordered to pay Mr Malik £15,000 and court costs.
However, Mr Malik could only claim two-thirds of the full court costs.
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