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debasis MANDAL   24 October 2009 at 01:07

Deed of Agreement

If a person made a Deed of Agreement for sale of his property having valuation of Rs.600000/- on a Rs 100/ stamp paper and if the Deed of Agreement is unregistered and is concluded before the Notary and partial amount of total payment of money has already been done and is recorded in that Deed of Agreement,then can the person withdraw from that Deed of Agreement by paying the amount he has taken?

If the answer to the above is affirmative then what should be the way to restrict himself ?

PrnBCRBant   23 October 2009 at 21:16

contnd. question

Dear sir,
in continuation of question about a Muslim father settling or gifting the property to his son., please suggest me a remedy to my problem about transferring the property to one of the son, if all others agree, ready & willing to give away.
further, as you said in your reply, he can sell the property to anyone, whether he can sell the same to the son only & if the sale is in favour of his son whether the duty payable on the sale is same as if the property is sold to any third party.
finally please suggest me way out for transferring the property if all questions put to you fail. as this is a urgent one. thanks lot for the reply so far given & was very knowledgable too. thank you.

PrnBCRBant   23 October 2009 at 18:43

Settlement deed in case of a Muslim

Dear Sir,
I want to know whether
1) a Muslim Father can settle his property in favour of his one son, if he has got 11 other children.
2)is it best alternative to make a gift deed in favour of his one son?
whether this is valid in legally with respect to Islamic or any other law in India.
3)please specify if any condition or specific words to satisfy the law to be expressed in the deed ?
4) if this can be executed can you please forward a draft Gift deed or Settlement deed?

Anonymous   23 October 2009 at 17:51

SUB : General Power of Attorney (GPA)

SUB : General Power of Attorney (GPA)

My wife and I are senior citizens and quite old . Each one of us own some property ( movable & immovable ) and individual bank accounts . We want that after one of us dies the survivor must be able to handle ( transfer of title in one’s own name or sell ) and get the ownership of all property ( movable & immovable ) and individual bank accounts .

Can we make General Power of Attorney (GPA) in favour of each other separately ? Is this the best option ? What are other options for easy transfer of titles after one’s death , considering minimum payment of taxes , if any ?

What will be the best procedure ? Thanks in anticipation .

PP   23 October 2009 at 17:16

How to make a will in India , especially when one's children


SUB : How to make a will in India , especially when one's children are living abroad as NRI / citizens ?

Dear Sir ,
How to make a will document in India , especially when one's children are living abroad as overseas citizens ? In the present case , regarding making a will , division/distribution of property is not important but the transfer of property ( movable & immovable ) is important as the beneficiaries have become citizens of other countries . Can they get the assets transferred in their respective names in India , sell and then transfer the proceeds to their country of residence legally ? What will be the procedure , considering minimum payment of taxes , if any in India ? Thanks in anticipation .

PP

bindhu   23 October 2009 at 15:48

property

what are the procedure to get property succession certificate in civil court
and procedure to get the mutation done in register office

mahesh kumar yadav   23 October 2009 at 15:06

Registration

my friend had purchased a plot in venture in the year1990, after 3 years he had notice that there is error in the shedule property of the plot, now he wants he exeute rectification deed for that reason but the problem is the one who had executed the sale deed had expired in 1993, now how can i solve this problem to get correct shedule property (AP)

Anand   23 October 2009 at 14:29

I want to transfer house to my mother name

Hi

I want to transfer house to my mother name so my wife can not claim anyting in house. Should I do gift deed or release deed or relinquish deed.

Thanks

Anand

bindhu   23 October 2009 at 13:01

property

I am a hindu.I got property from my father.
i am married, i have a son
i make a will in my sons name
after death he gets the property
Now my question is
after my death my property goes to my son
If he dies without marriage
is the property goes to my wife?
or it goes to my brothers and their childern

khurshied hakim   23 October 2009 at 02:35

gift deed

Respected Sirs, We have a ancestral property, where the suit for partition is pending, subject to final decree. The property is under the court receiver. After the preliminary decree was passed with the commisioner being appointed for amicable division of the property,the widow and divorcee daughter(having no issues) of the 1/5th undivided share had registered a gift deed document,to an outsider having no blood relation. The other co-owners had challenged the gift deed in the trial court. Trial court disposed the gift deed as not valid. Reasons cited were that the donor was not having actual possession in the undivided property, and that there were no two witness to the registered gift deed The donee appealed in the high court to be intervener in the said suit, and claimed that gift deed should be declared valid as per Mohammedan law. High court referred the case again to the trial court judge to reconsider the judgement as per muslim law. Please cite reasons for gift deed to be invalid.