Hello..
I have a query for legal issue of a plot in a BDA approved private layout.
Its a huge layout with 8 survey numbers, and totally 175 sites. There are 8 survey numbers with 8 owners, who had entered a clear Joint development-agreement with the developer, for whom the payment by 8 people is done through 15% share in the sites.
All documents are clear, except that site in which i am buying which is under developer-share, which had earlier belonged to one of the owners.
The owner have purchased from person A, who has purchased from person B.
Person B had minor children at the time of sale, and it is person B's ancestral property, which he sold as agricultural land to person A for legal reasons (not for family maintenance/welfare).
My Question is: will the minor children have claim on the property, which is currently changed 2 hands (person B --> Person A --> earlier owner who had entered into Joint development agreement with developer---> And the site in question has become part of developers share and Developer sells it to me).
1. Is there a possibility of litlgation due to minor children's claims in future ?
2. If yes, is there a way to protect it ?
Can someone pls help me in understanding the legality involved. Thanks in advance !
Regards
Hari