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chiragdesai1986   18 June 2018

Selling of property in case of death of owner

Hello Sirs,

I am in progreess of buying a property in mumbai but the issue is property owner in no more alive. His son wants to sell this property but property is still not registered on son name. Is it safe to buy the property?

As per the his son society transfer is already done but property is not transferred.

What will be the procedure we need to do in order to buy this property.

Please help so it will easy for the take the decision.



Learning

 6 Replies

Kumar Doab (FIN)     18 June 2018

'Buyer Beware' applies to property deals.

It shall be appropriate to get proper legal opinion from a very able LOCAL senior counsel of unshakable repute and integrity specializing in revenue/property/civil/DRT matters and well versed with LOCAL applicable rules/laws and having successful track record…. and worth his/her salt , before signing or making payment.

This may cost some FEE but can defend long term interest and hard earned monies.

 

Kumar Doab (FIN)     18 June 2018

Which personal law applies in this case ( for seller)?

Or are all title holder/testator/legal heirs; Hindu or Muslim…?

The said property is  a Flat/building?

Who was 1st owner in Family tree; the deceased father or his forefathers?

The deceased father got the property from father’s or mother’s side?
The property is self earned/acquired/ancestral in the hands of deceased title holder/testator? Has deceased left any WILL?

As per your post IT is not clear who all and how many legal heirs the deceased father had including mother, wife, sons, daughters?

The daughters were married? The property is in which state?

Confirm! 

Kumar Doab (FIN)     18 June 2018

Succession opens on date of death; by inheritance or testamentary succession (in case of valid WILL by deceased owner/testator).

You are to make IT clear that; If WILL exists then … The property should devolve upon beneficiary(ies) as in valid WILL if WILL is duly acted upon without any cloud on IT.

 

In case of Hindu male the 1st right is of ClassI legal heirs i.e. Mother (if alive as on date of death), wife (if alive as on date of death), sons, daughters……

 

In case of deceased Hindu woman dying without disposing her estate/property in her life time by a valid/registered deed ClassI,II is not applicable rather nature and source of property matters.

If the property is self acquired/earned/absolute in the hands of Hindu woman the 1st right is of her husband (if alive as on date of death) and sons, daughters…………

If property is acquired from husband side and 1st right is of her sons, daughters…………and if sons and daughters are not available then legal heirs of husband.
If property is acquired from parents side and 1st right is of her sons, daughters…………and if sons and daughters are not available then legal heirs of father.

IT is mandatory to probate the WILL in the areas of Bombay, Calcutta, and Madras. It is not mandatory to probate the WILL in the area of Delhi. It is not mandatory to register the WILL. IT is not mandatory to notarize the WILL. The WILL should just be valid. Unregistered WILL can be acted upon. The last valid WILL ( even on plain paper /even if handwritten) prevails. 

Kumar Doab (FIN)     18 June 2018

The authority under whose jurisdiction property falls has a set procedure for such matters if NO WILL has surfaced; Intestate Succession…….and the prescribed forms, procedure, process is available in O/o Authority and even on website. Death certificates, legal heir certificate/affidavit (per local procedure-precedence) are basic requirements. Then authority shall act upon and transfer the ownership in the name of legal heirs. Obtain copy of updated mutations records showing share of legal heirs. This grants rights equal to that of owner to legal heirs. All legal heirs are at liberty to relinquish/release/transfer/gift/sell their share in anyone’s favor.

 

The authority under whose jurisdiction property falls has a set procedure for such matters if the WILL has surfaced; Testate Succession…….and the prescribed forms, procedure, process is available in O/o Authority and even on website. Certified copies of the WILL, death certificate, legal heir certificate/affidavit (per local procedure/precedence) are basic requirements. The authority may ask for NOC from legal heirs (other than beneficiary) and/or to release newspaper advt and/or may write to legal heirs to submit their objections if any within set time. If there is NO contest to the WILL by any legal heir then authority shall act upon the WILL without any cloud on it and transfer the ownership in the name of beneficiary. If WILL is contested it lands up in probate court of pecuniary jurisdiction. The court shall decide on validity of WILL. If WILL is not valid IT cannot be acted upon matter shall be decided by inheritance as per provisions of personal law that applies. The legal heirs may also consider perspective of registered family settlement after the WILL and register it. Check locally for compliance with procedure and obtain certified copies even if thru RTI. After due compliance concerned official in the O/o Authority e.g; Patwari, shall act upon the matter and transfer the ownership by inheritance/probate in the name of legal heirs in mutations records. Thereafter obtain copy of updated mutation records. For partition by boundaries legal heirs/beneficiary can either decide amicably (best recourse) or take help of other elders of the family or panchyaat or court of law.. If WILL is not submitted to be acted upon then it becomes matter of succession per personal law that applies. Although it is wrong since the WILL exists.

 

Kumar Doab (FIN)     18 June 2018

The said son is sole legal heir?

He is mere nominee or all legal heirs have signed NOC/relinquishment deed in his favor?

 

The society also has set procedure for such matters….

Nominee can not sell without exeplicit consent of legal heirs..

Approach senior LOCAL counsel of unshakable repute and integrity specializing in rent/civil  matters  and well versed with latest citations, LOCAL applicable rules/laws/ … and having successful track record…. and worth his/her salt…..and show the case related docs etc etc

 

LCI experts Mr. Hemant Agarwal, Mr. M.V.Gupta, Mr. Kishore Mehta are from your stsate/location and posts on such matters with deep insights..and even maintain well nourished blog.

If you wish you may get in touch with them.

Siddharth Srivastava (Advocate)     18 June 2018

Ask son of deceased to get the property mutated in his name or he may obtain succession certificate or letter of administration from competent court of law.

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