Anonymous
15 March 2010 at 14:43
Thx to Raj & Kumar for the reply.
My concern actually is to sell my 50%
& get rid of same. My nominated brother
is offering almost peanuts & not 50% of the market price.
I believe it is mandatory to probate a will
in Mumbai, is there a time limit, as 2 yrs have passed.
Anonymous
15 March 2010 at 13:36
if a person has handed his property in sum body else custody for 4 years and had no news form the owner, then can he by getting himself on the municipal records sell that property legally?
what would be the consequences on the person who buys the property consequently if the owner comes thereafter and claims his right over the property?
Anonymous
15 March 2010 at 09:28
Sir, Please tell me the advantage and disadvantage to take property in joint me.
1)Suppose I take property in joint name can I show the income from rent to in my wife name(by taking Cheque in her name)i.e.showing income in wife name
2)If it is second property , can interest rebate in income tax is also available for second property.
3)Income from second property will be deducted from interest rebate of both houses (if rebate is available on second property)
Anonymous
15 March 2010 at 03:24
I & my deceased brother purchased a flat 25 yrs ago, his name as First, who nominated his 50% to a younger brother with an alleged will.
The CHS refused to accept him, until I gave NOC with his indemnity. He has not done the probate, as objections from legal heirs. What are my rights or have i to wait endlessly. Any suggestion/advice is appreciated.
AJIT KAWATKAR
14 March 2010 at 21:03
Message
? concerned with ppty. in mumbai.enchrocher on pvt land got a flat innew bldg free under preva=eiling DC RULES.The flat is in the name of my Mother -in-law who expired in 2008;total 7 legal heirs.[ NO WILL-NO NOMINATION ]
;the possession was given to the occupiers by the devper. who were staying with the owner at the time of signing the concent agrmnt.[2 heirs]since the owner aws expired.
all the [7] legal heirs have agreed to transfer the flat on my name.what are the precausion/s i must take to have the CLEAR TITLE ? is it a must to apply for succession cr.?what will be the stamp duty etc.? how long it will take to obtain the cr.?
Anonymous
14 March 2010 at 19:48
I want to apply for society membership as a legal heir of the deceased owner [member] of the flat.
Society is asking for ucl declaration. is it necessary in case of transfer within family?
I have already posted this query but got two contradictory replies.
The society is in maharashtra.
Pls reply
Ch. Sujatha
14 March 2010 at 18:56
Dear Sir,
One widow “X” made a will in favaour of her daughter “Y” with regarding to vacant site of an Extent 5 Cents, there in she put a condition that there is no salable interest to her daughter “Y” only she has to enjoy the said property till her life later on the said property goes to 3 sons of the daughter “Y” ( i.e. grand sons of the widow “X”) with absolute rights. Later on widow “X” died. Now the said Property is in possession of the said daughter “Y”.
Now the said daughter ‘ Y ‘ and her 3 sons are jointly willing to sale the said property.
In the above circumstances daughter “Y” and her 3 sons can sell the said property or not. Legally it is valid or not.
Thanking you sir in advance.
PrnBCRBant
14 March 2010 at 12:02
Dear Sir,
My client wants to donate his agricultural property to a church & the church is willing to receive the property. now my query is there any bar / limitations under the Karnataka Land Revenue Act 1964 or the Karnataka Land Reforms Act,1961 for the this transaction. whether the church can accept the agricultural lands & can it be registered in the concerned Sub Registrar's Office. 2) if yes, which type of document is beneficial to either parties, whether it is Sale Deed or the Gift Deed?
amit jain
14 March 2010 at 11:08
Whether stamp duty attracts when a partner introduces immovable property as capital into a a partnership firm??
OR
For example, there are two parties, form a partnership , in which one partner brings his immovable property into the firm as capital valuing Rs. 50 Lac and other partner bring Rs.50 Lac as cash with an objective to construct a shopping mall on the said property. Then in this case, Is the stamp duty applies??
And if Yes, that at what value the stamp duty shall attarct, at the value of Rs.50 Lac or at the market value of the property brought into partnership
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Need draft of GPA on settlementof full sale consideration
Dear Sir,
My client has entered in to agreement for purchase of property for which he has paid full sale consideration ? i need a draft of GPA for such situations & to register the same.
or atleast give me what all legal points has to be noted & required to be in writing while drafting such GPA as the vendor is insisting of full payment & ready to execute & register the GPA in favour of purchaser or any body else.
Thanks in advance. it is really urgent.