LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

sundar sastri jain (proprietor)     19 November 2013

Lease deed

Sir, can the legal heirs let out house property,even if it is not registered in their name as the joint owner(lady) and her only son expired, can the grand son let out the said property along with the other legal heirs i.e.members and get the Income from house property divided(equal share) in all legal heirs name as this would highly reduce the tax liability.....

 

My last question mode of authorising grand son

My last query will it be suficient if in lessor(grand son) introductory para merely named followed by a sentence Without mentioning all the legal heirs name as "......the legal heirs jointly authorise grandson(name) to do acts,deeds,favours in relation to or in connection with let-out of said property/shop"



Learning

 1 Replies

T. Kalaiselvan, Advocate (Advocate)     21 November 2013

POA deed favoring the grandson by all the legal heirs for the specific act will solve the purpose.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register