hello,
my uncle is a nri.2year back when he visited india he given me gpa to me of his property to look after.now he want to cancel the gpa . is it is possible to revoke the gpa without coming to india
Pls advie is the form 27 under bye law38 e 1 pertaining to declaration to Income tax dept for value above 75lac transactions is still valid or is now not required?
Pls advie is the form 27 under bye law38 e 1 pertaining to declaration to Income tax dept for value above 75lac transactions is still valid or is now not required?
Sir,
I hv made an agreement with a party for purchasing a piece of land with half constructed house. My intention was to obtain a loan from SBI. After verifying the docs which have been already morgaged with Syndicate bank, a handome advance amnt was paid to the Seller. However, SBI has turned down my loan application saying one of the previouse sale deeds is not the original one(They go after 20 yrs flow). On inspection it is found that a previouse saled deed is lost by the seller and in place of it he got certified true copy; bais on which he secured the loan from syndicate bank. But, the SBI is not ready of accept the certfied true copy. However, PVT banks come forward to give me the loan. My query is : Is there any harm (legally) if i go ahead with purchase?. shall i get any legal immunity, if at all the lost one resurfaces tomorrow by any means (eg fradulent activities)?.If the orginal might be morgaged elsewhere, should i be liable for legal actions as teh present custodian of the property?.
However, the party has the original one which he has got in his name. Another old one is also there in original.
Looking forward for a response.
regards
anil
Dear Sir,
Well and hope to hear the same from you.
I have queries with regard to property settlement.
I am the only son and have 2 sisters.
My father have made settlement in favour of me and registered
properly. [His self acquired property]
In the deed it was mentioned clearly that both my sisters have no
no rights as my father have rendered adequate monetary and other
benefits to both of them.
He also mentioned to change all the records of Corporation,
Metro water, Electricity and Patta transfer in to my name.
The deed was executed on March 2009, but so far I have not
changed into my name.
But recently I came to know that one of my brother-in-law
have planned to challenge the settlement on the grounds
that my father was compelled or coerced into giving such
settlement, or that he did not have the mental or the contractual
capacity to give such settlement.
I want to know how I can defend this in case if he approach
in that way.
Though my father is very much in support to me, should also
consider the fact that he is already 81 years old and
deteriorating bed ridden patient.
[a] how can I take up extra measures to defend,
[b] whether a settlement can be revoked &
[c] as a matter of protection can I make a settlement in favour
of my wife.
I am in possession of the property & my father is with me.
Awaiting your reply eagerly.
Thanking you with regards.
Dear Sir,
I wanted to know about the Capital gains rule for property if sold before 3 years of purchase. Is capital gain applicable.
If Sell deed is not their than is it advantage to the seller or in that case also capital gain is applicable.
If the property is over 3 years and Sell deed is not their is capital gain applicable.If property sold than can stampduty is refundable if sell deed is not their.
Kindly also wants to know who has to inure the expences of Sell deed.
Regards
Deepak Kulkarni
Mobile 9850985011
1. In Usufructuary mortgage the Limitation act commences , when mortgagee demanded the money OR refused by Mortgagor OR after the date of mortgage has been executed???? 2. Also Mortgagor retain the possession with them from the date of mortgageexecuted, when the limitation starts?
3. If mortgaged executed in 1945 then which limitation will aplly?? either 1963 or 1908 for the property in litigation.
Hi Experts.
After seeing lot of messages related to Karnataka land act 1961.
Some Advance information:
[1] My family does not have Agriculture history.
[2] My wife's side has Agriculture history
I have following question:
I like to buy an agriculture land near Bangalore, examples anekal or Kanakpura.I like to use that land for agriculture purpose only. My income is greater then 4 lacks/year.
Do I eligible for above??
If not then No body in Karnataka take agriculture as carrier or Bread earning business?
Or I can buy a farm land from Gated community builder and then after 2-3 year buy a proper Agriculture land?
Please guide me on legal side.
Thanks
Arvind
Father having a House which is his personal property as such very long back he had donated his house to his own two sons by executed a registered Donation Deed. But at present one of his son acting with cruel with his Father and tried to evict his father from his House namely the donated property.
So now the Father decided to cancel the said Donation Deed.
Whether he can execute a Cancellation Deed or he has to file a civil suit for cancellation of document?
Because it is a house property and right from the date of the execution of the donation deed to till date the donor namely the Father have been living with the donees.
Is Stridhana property considered as shared property
Hi,
We are Hindus belongs to Karnataka. My father gifted a property(site)to his sister as Stridhana(In deed it is mentioned as "Stridhanakkagi"). At that time, my grand father was deceased and all the properties were transferred to my father by surviorship. This is gifted in 1980s. Now, in 2007, my father's sister is (filed a case) asking for equal share in our property. Does she has rights to claim share in our property? Does the gifted Stridhana property has any considaration? If in case she has rights, to what extent this stridhana property is considered to division of property.