Nominee member in co-op society in mumbai
SHYAMSUNDER BUBNA
(Querist) 26 May 2013
This query is : Resolved
A NOMINEE MEMBER HAVE A RIGHT TO SALE THE PROPERTY THOUGH HE IS ONLY TRUSTEE AND NOT OWNER IN TRUE MEANS
A ASSOCIATE MEMBER HAVE RIGHT TO FIGHT ELECTION AND CAN ACT AS OFFICE BEARER AND SIGN BANK DOCS
R.K Nanda
(Expert) 26 May 2013
state real facts.
SHYAMSUNDER BUBNA
(Querist) 26 May 2013
ONLY I WANT TO KNOW THE POSITION WHETHER THE RIGHT TO SALE IS AVAILABLE WITH NOMINEE THOUGH NOMINEE HAVE NOT PROVED OWNERSHIP
IN ABSENCE OF OWNERSHIP RIGHT SOME ONE MAY CHALLENGE THE SALE AND/OR PURCHASE AGREEMENT IN COURT THEN WHAT RESULT
ajay sethi
(Expert) 26 May 2013
nominee is only a trustee for the legal heirs .he cannot sell the flat . ask nominee to obatin succession certificate
Hemang
(Expert) 26 May 2013
Nominee is a trustee of the property and not the owner. Nomination does not mean assignment. Nominee has to recognize the rights of the real legal heir or decedents. Ask him to get the succession certificate. If, the nominee has in mind that he is an owner of the property, diffuse the confusion. Serve a notice.
