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Manmeet Singh   19 May 2018

Hello buying a huf property. need your advice

Hello experts

My self Manmeet Singh Bhatia.. I am buying a HUF property owned by two HUF kartas. In the entire HUF there is one minor member. I am little worried and trying to find out what is the best possible way to get it registered against my name safely. I really dont desire to face any issue in future.

According to the 2 HUF kartas, they will get the signs of all the members but what about minor one? 

Any serious suggestions.

Thanks

 



Learning

 1 Replies

R.Ramachandran (Advocate)     19 May 2018

If minor's interest is involved, then purchase of the said HUF property is not advisable.

If the HUF (Karta) wants to sell the property for 'legal necessity', then the HUF has to take approval from the Court, before selling the property.

Therefore, if the HUF gets the court's approal, then you can go in for the purchase.  OTHERWISE, BETTER AVOID IT, if you want to avoid trouble later.


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