Kiran (Self) 26 May 2012

Can a son buy father's self acquired property?

Hello All,

My Father has a house in Bangalore. It is his self acquired property.

Below are my doubts

1) Can I buy that property from him?

2) Will I get a loan for buying the house?

3) I have a younger sister who is married, does she have a claim on this property?

4) Are there any other legal complications in buying this propert?

Thanks and Regards

Kiran

vetrivelan.s (Consultancy ) 28 May 2012

1. you can buy.

2. loan depends on the financer normally yes.

3. since father alive and willing to sell , as its self earned property NO ONE CAN CLAIM ANY RIGHT WHAT SO EVER.

4. ANY SUCH LEGAL ISSUES YOU FORESEE UNLESS YOU GIVE ANY IDEA / HINTS/CLUE ITS DIFFICULT TO ANSWER RIGHT NOW.

WITH BEST WISHES