i have paid for the property for my son through bank transaction. now i wish to take it back since he and his wife are harassing me. even the loan EMI is also being paid by me.any help would be appreciated.
What was the source of income to your son at that age to get such income on his own to purchase the property?There is nothing wrong in father keeping property in his son's name. But, if the father happens to be a Government servant and diverted corruption money in his son's name . It is different. That means first you should be in a position to establish as to how you got such amount through your ITR. File application to Bank and solicit certified xerox copies of such cheques and prepare a record as to when it was withdrawn and how it was used by your son.
let me rephrase the question. I paid the amount from my own income to buy property in the name of my son. since I realised my mistake as he is not a obedient son. I wish to take back the property from him.. also the home loan emi is also being paid by me regularly. my son has not spent a single rupee on this.
First issue a legal notice to your son through advocate and discuss the issues with a local advocate, and take precautions before the son alienating the property in favour of his wife or other relatives faking a loan.