Regarding land
pujols20
(Querist) 01 April 2015
This query is : Resolved
Dear experts,
Bought a plot/land from a real estate company in a venture around 8 years back. Real estate company initially bought this land from 2 owners. One of the siblings of the 2 owners raised a concern that her NOC was not taken at the time of selling this land to real estate company and sent court notice to settle this matter to all the customers who bought the plot from this real estate company
1. Who needs to settle this matter with the person who raised the concern, would it be Real estate company or individual customer ? In case if there is any amount involved in settling the matter with the person who raised concern, is real estate company obligated to pay this amount and settle ?
2. During the initial discussions real estate company was saying they will take care of settling this matter, but now dont know what happened, Real estate company is calling the customers and asking/forcing them to sell the land at very lower price( almost half of market value). With this matter pending in the court , can the customers sell this litigation land to other customers ? is it legal ? or should the customers wait till the disposal of this matter in the court ?
please suggest. Thanks !
Dr J C Vashista
(Expert) 02 April 2015
There are number of issues involved in the query, it would be advisable to seek professional services of a local prudent lawyer.
ajay sethi
(Expert) 02 April 2015
it is necessary to peruse documents cited by you to advice .
malipeddi jaggarao
(Expert) 02 April 2015
I also agree with the suggestion of expert Dr.Vashista. All the buyers who received the court notices should together engage a professional lawyer with all available papers with them.
Rajendra K Goyal
(Expert) 03 April 2015
If you sell the disputed land knowingly with out disclosing all facts, buyer may lodge complaint against you for cheating.
T. Kalaiselvan, Advocate
(Expert) 05 April 2015
As observed by experts, there are lot of subjects involved in it, hence without knowing he case properly or perusing the documents, it will not be a proper opinion or guidance, better take advise from a local lawyer.
