Regarding property purchase
Ghazala Khan
(Querist) 25 February 2016
This query is : Resolved
Hello, I m going for purchase of resale property at navi mumbai. The property was in the name of grandparents (A and B) n 2 grandchildren (Xand Y) . Grandparents expired leaving behind the will bequesting their share in the flat to their son (C). Now C along X & Y names are recorded in share certificate of society as nominee in society was C. Now the issue is will is not probated. In such circumstances, what alternative solution could you suggest to perfect my title? Please guide
kavksatyanarayana
(Expert) 25 February 2016
get the Will probated. and then go for registration with all the co-owners of the property.
Hemant Agarwal
(Expert) 26 February 2016
1. Probate of Will, relating to property in "Navi Mumbai" is NOT mandatory. However IF the property is within the limits of Mumbai, THEN probate of will becomes mandatory.
2. Declaration cum Indemnity Bond in favor of the Society, with the annexed Will is sufficient enough for all purposes, as far as saleable title-ownership is concerned.
Keep Smiling .... Hemant Agarwal
http://www.maharashtra-society-help-forum.com
Rajendra K Goyal
(Expert) 26 February 2016
Well advised, agree with the expert Hemant Agarwal.
