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Anonymous   23 October 2009 at 17:49

General Power of Attorney (GPA)


SUB : General Power of Attorney (GPA)

My wife and I are senior citizens and quite old . Each one of us own some property ( movable & immovable ) and individual bank accounts . We want that after one of us dies the survivor must be able to handle ( transfer of title in one’s own name or sell ) and get the ownership of all property ( movable & immovable ) and individual bank accounts .

Can we make General Power of Attorney (GPA) in favour of each other separately ? Is this the best option ? What are other options for easy transfer of titles after one’s death , considering minimum payment of taxes , if any ?

What will be the best procedure ? Thanks in anticipation .

PP

Anonymous   23 October 2009 at 17:22

How to make a will when children are overseas citizens

SUB : How to make a will in India , especially when one's children are living abroad as NRI / citizens ?

Dear Sir ,
How to make a will in India , especially when one's children are living abroad as overseas citizens ? In the present case , regarding making a will , division/distribution of property is not important but the transfer of property ( movable & immovable ) is important as the beneficiaries have become citizens of other countries . Can they get the assets transferred in their respective names in India , sell and then transfer the proceeds to their country of residence legally ? What will be the procedure , considering minimum payment of taxes , if any in India ? Thanks in anticipation .

PP

Anonymous   22 October 2009 at 12:58

Terrace to be included in the agreement

Hi, I have booked a flat in May 09 in New mumbai along with the terrrace (Underconstruction property). Terrace is not directly attached to the flat. Its on the same floor and opposite to my flat. While booking the flat builder had put a clause that who ever purchases the flat has to purchase the terrace also. Now while making an agreement and registration he informed me that the terrace will not be part of the agreement as per their legal but I have to pay. How come the terrace for which i am paying cannot be part of the agreement.Pls advise what may be the issue and why is he raising this after 6 months.

Krishna Shankar   19 October 2009 at 23:23

Impotance of recital portion of sale deed.

Respected experts,
What is the legal importance of recital portion of a sale deed. My original sale deed is in bad condition. If I get certified copy of it, can I use it for legal purposes and can I produce it in the court? Do I have to give explanation about the original sale deed? Thanks

Rajagopalan   19 October 2009 at 11:49

Legal Heir doc

Dear Sir/s, I need your advise on how to get a legal heir certificate. Sequence of happenings are

1. My father's home town (native) is Coimbatore
2. After retirement (2001), he shifted to Bangalore (where I was staying)
3. He underwent medical treatment in Bangalore in Bangalore Hospital, and he passed away in 2007.
4. We got a Death certificate from Bangalore. Coimbatore address of my father was mentioned as permanent address.
5. Later in 2007, we (along with my brother and mother) shifted to Chennai.
6. For the past 2 1/2 yrs, we are staying in Chennai.
7. We have complete address prffo in Chennai.

Now, when we approached the VAO in Coimbatore he says that since the current address proof (Ration card) has the Chennai address, I have to get the Legal Heir certificate in Chennai (from Chennai TAshildar's office)

When I approached the VAO in Chenai (Alandur), they say that I have to go to either Bangalore or Coimbatore, but after seeing the ration card proof, they are confused. They wanted to check with TAmbaram for the correctness.

I need your advice on who would actually give the certificate.

Secondly, would a Legal heir certificate duly notarised bny a notary public be sufficient for carrying out the phone / bank / land transfers in Coimbatore..

Please help.
Thanks, V Rajagopalan

s.krishnan kutty   18 October 2009 at 08:59

transfer if land by partnership firm

i am in kerala.mysely and my wife formed a partnership firm xy with two partners. the firm purchased a land.can we sell he land by admitting two partners to the firm and ourselves retiring without actual registration of the land with registrar and there by save registration charges with subregistrar.

M.Chandra shekar   17 October 2009 at 21:31

Sale deed regarding apartments-defective titles

The builders buy/enter into joint development agreement and build apartment blocks. Generally they violate and deviate from the sanctioned building plans. While selling the apartments, they recite the exact extent of the constructed (super built up area) area in the sale deed. Normally the super built up area is much more than the sanctioned one. For Example. The sanctioned FAR is 10,000 sft, the builder builds 20,000 sft and sells 20,000sft and recites the same in the sale deed.
How can he sell the property, which has a sanctioned plan for 10000sft. is it(sale deed) not a defective title?
What are the provisions under the law to rectify this?
What is the status of the law in these cases?
What is the status of the property in such cases?

prashanti   15 October 2009 at 14:40

Notice

Please can any one help me in drafting Notice to the tenant for vacating the premises, reason is i want the premises for personal use.

G. ARAVINTHAN   15 October 2009 at 07:44

Trust O.P

Can anyone post a model for Trust O.P?

Raj   13 October 2009 at 11:09

STAMP PAPER

Q. 01. What is the difference between Judicial Stamp Paper & Non Judicial Stamp Paper ?

Q. 02. Can I use a Non Judicial Stamp Paper in Maharashtra, bought from Uttar Pradesh ?

Q. 03. The Forms/documents of Registrar of Firm, Mumbai if Notarised in Uttar Pradesh is valid to submit in Mumbai, Maharashtra ?

The above questions are just to make it easy for me to prepare the Retirement Deed of Partnership in Uttar Pradesh because remaining two Partners of Firm are residing in UP.