Eligiblity for buying a property

Querist : Anonymous (Querist) 29 September 2011 This query is : Resolved
I just wanted to know that what is the age limit to buy any property

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R.Ramachandran (Expert) 29 September 2011
Any person who is a major can enter into a contract and buy property.
A major (say father or mother) can buy a property in the name of their child who is a 'minor'.

Sailesh Kumar Shah (Expert) 29 September 2011
1.18 years by self
2.in case of minor(below 18 Years), purchase through parents.

Querist : Anonymous (Querist) 29 September 2011
sir if a buy wants to buy a bike and he is a minor so can that bike be registered on his name

Sailesh Kumar Shah (Expert) 29 September 2011
a buy wants to buy a bike and he is a minor so can that bike be registered on his name
Ans. "NO" he can't do so.

ajay sethi (Expert) 29 September 2011
i agree with shailesh shah bike cannot be registered in your name as you are minor .

R.Ramachandran (Expert) 29 September 2011
Yes. When I said that a major can buy a property in the name of a minor, I meant immovable property. Certainly not movable property and that too a Motor Bike. I agree with the views of Mr. Shailesh that since you are a minor, motor bike cannot be registered in your name.

Amit Minocha (Expert) 29 September 2011
lower limit is 18 yrs and upper is till one is alive.

prabhakar singh (Expert) 29 September 2011
But you can get a license to ride on bike when your father consents it provided you are
15,though not your query,but i feed it guessing the zeal you have for a bike.That way at least your driving zeal can get satisfied.

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