SOLD OF PROPERTY.
SUBHASH SHARMA
(Querist) 20 August 2010
This query is : Resolved
MY MOTHER HAS GOT A SHARE OF RS. 66 LACS FOR HER ANSISTERS AGRICULTURE PROPERTY WHICH WAS AT GURGOAN, HARYANA.
SHE DOES NOT HAVE PAN SHE IS GETTING A PENSION OF RS. 6000/- MONTHLY AFTER THE DEATH OF MY FATHER.
NOW OUT OF RS. 66 LACS SHE HAS TO RETURN RS. 30 LACS AND 12 LACS TO HER ELDER BROTHERS AS MUTUALLY DECIDED BY THEM.
KINDLY SUGGEST :-
CAN SHE TRANSFER THIS AMOUNT TO HER BROTHERS.
SHE HAS TO TAKE PAN, IS IT MENDATORY.
SHOULD SHE KEEP COPY OF THE SALE AGREEMENT OF THE PROPERTY SOLD.
KINDLY SUGGEST.
soumitra basu
(Expert) 27 August 2010
Please tell:
1. Is your mother is the only child of her parents. If not, how many brothers and sisters they are.
2. Whether any agreement has been made before transferring the land.
3. Whether the land is within Municipal Area and Outside. If outside, what is the name of the Mouza.
4. Yes, your mother should keep the copy of the conveyance deed.
s.subramanian
(Expert) 27 August 2010
Yes. She can Transfer. Pan is mandatory. She must retain the copy of the sale agreement.