Nilesh Shah
16 April 2009 at 13:48
Dear Sir,
I m credit manager in bank. If bank is funding against of property in name of Trust on which Educational Institution is runing whether bank will be able to repossess easily the said property in case of default by Trust/Society?
If No, what can be remedies bank can take at time of finance?
Mohammed
16 April 2009 at 13:40
we are having 3 floor under us ina building mumbai ,and on the first floor we have a lodging renning under the permision with the licence form more then 50 years,b4 2 years teh landlord sold the land ownership to other without asking us to purchase, now the new landlord have lodge the complain against us that we are doing business in that building iligally , as sais b4 we are legal business person, please inform us how we can obtain the land ownership and fight against the new landlord and make him to sell this land to us.
Savithri
16 April 2009 at 10:06
I had booked a flat in Bangalore by paying an advance of Rs.6 lakhs and an agreement for sale was entered into between the builder and me on a stamp paper. As per the agreement within 1 month the balance amount is to be paid or the advance paid is to be forfeited.
The bank has rejected the loan on the basis that there is deviation in the building.
The builder says that he will recover an amount of Rs.1.25 lakhs as penalty and pay the balance and we need to sign saying received towards full and final settlement.
Is there any legal recourse available?
Niteshkumar Popat
15 April 2009 at 20:10
please clerifes the application of letter of administration and succession certificate. whether brother can get succession certificate on the basis of Will. even he is not class 1 heir.
Bipin
14 April 2009 at 17:37
Our society has ground + 3 floor and 2 wings. each wing has 14 flats. upto 2nd floor each floor has 4 flat and on 3rd floor there is only 2 flat and remaining area as commom terrace. but 2 members from each wing has occuipied (covered) the same common area. another problem is that entrance of the terrace above 3rd floor is also from member's house. So when any other member has to go to terrace then he has to go from member's house (because they occuipied 3rd floor common passage in which staircase for main terrace is located. Recently society has repaired entire terrace and other member want entrance for the main terrace free (ie above 3rd floor). what can we do to resolve this problem.
Uma Shankar
14 April 2009 at 15:55
Can irrevocable GPA can be withdrawn particularly in cases where the other party has spent a lot of money in that property?
BHANU RASPUTRA
13 April 2009 at 11:19
WHETHER RENTED PREMISES CAN BE GIVEN BY WILL?
WHETHER WIDOW CAN HAVE RIGHT ON RENTED PROPERTY LEVING MATRIMONIAL HOME AND INTEND TO MARRY??
SREEKUMAR
12 April 2009 at 22:21
There are differences of opinion on sharing of common maintanace expenses w.r.t.our flat situated at cochin.
1 view:- It should be shared basis the sft.area owned by the flat owners.
2. view:- It should be shared equally by the flat owners irrespective of area owned.
Pls inform which is right? whether salary paid to the security personnel,cleaning workers etc. can be treated as common expenses?
regds
kumar.
SREEKUMAR
12 April 2009 at 22:11
I entered into agreement for construction and agreement for sale ( of UDS)with a builder of cochin in 2006. 85% of the flat was completed in 2007 and the builder handed over the possesion to the association at this stage. As some of the repair works to my flat was not completed as agreed by the builder, i have not taken the possesion of the flat.Now the builder has completed the work and demanding following payments for issuing NOdues certificate.
1. service tax of 4%
2. work contract tax of 4%
Pls inform whether i need to pay the same as per law? the UDS is already registered in my name @ 85% stage of construction.
regds,
kumar.
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Stamp duty on Agreement prior to 09.12.1985
The details information as follow: Agreement made with builder on June 1985.
Stamp duty paid Rs. 5 /-
Property located : Residential house in Vile Parle (East)Mumbai , 530 Carpet Area,
Agreement value : Rs.2,10,000
Registration : done in Jan 07 but no SD paid.
conveyance of building not done by builder in society's favour.
Question: Whether stamp duty payable? at what value and what rate? When to pay stamp duty- means right know owner can pay or wait till Society is going for conveyance than only pay. Any exemption in patment of SD for area below 650 Sq feet(??)
Can anybody share documentary evidence or reference for clear understanding.
Please revert.
Regards,
CA Mehul Dedhia
mehulddedhia2002@yahoo.com