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Mangesh Shingare   08 June 2012 at 21:38

Condominium property

Dear Sir,

We have booked a office space in a commercial buliding which is under costruction in March 2011 & located in Mumbai.

Now we have to go for registration of the property. We got the draft of the agreement from our builder.

Our builder tends to create condominium & its also mention that we can not have our society in future or builder.

What is the difference between condominium & co-operative society? What are the disadvantages of condominium?

Is it advisable to book the property under condominium? will it make any problem if we would like to sell the property in future?

We alreday paid around Rs. 12,00,000/- in cheque to the builder.

Your immediate advice will be highly appreciated.

Best regards,
Managesh Shingare

satish   08 June 2012 at 18:16

Rti

A person from my village taken 6-7 loans from same bank on projects subsidies by Govt. But neither the project existed nor the loan re-paid.
As a social worker, I want to highlight the matter, because due to him the needy people facing problems.
My query is: How I get his account statement?
I drafted that:
HOW MANY PROJECT LOAN DISBURSED BY THE BANK IN REVENUE VILLAGE 'A'? Provide Details name of project and current balance of loan?

Is bank bound to provide above detail through RTI?

yuvnesh subramanian   08 June 2012 at 17:30

Mortgage

One proeprty has been mortgage for Rs.5 lac to a financier and again applied to enhance the loan of Rs.2lacs.Already mortgage done for 5 lacs whether now it is possible to add on the mortgage for 5+2 lacs or 5 lac to be cancelled and to make it for 7 lacs. Pl advice i am for financier?

prbkumar46   08 June 2012 at 11:21

Property transfer

My wife 50 years old expired one month ago.
there are two 2bedroom flats one at Hyderabad and another at Vijayawada on my wife's name. Now we wish to transfer those on to my second son's name.
I have three children. first one is daughter married staying in Hyderabad. Second one is son married staying in USA.
third one is a son married staying in Hyderabad.
I wish to know how to get the properties transferred to my second sons name.
I am retired General manager BSNL staying in Vijayawada.
Thanx & regards.

sandeep pilania   08 June 2012 at 11:03

Tractor registration

I want to buy a second hand tractor.
The Tractor owner purchased it through a land mortgage bank so tractor registration can't be at my name until the bank loan is clear. Tractor owner want to sell tractor on Affidavit. What I will be legal owner after signing affidavit and for how much period. How many rs.Stamp paper must
or any other legal process.
Thanks
Sandeep Pilania

Sada   08 June 2012 at 04:15

Which is more legal and effective

Hi Team,

need your opinion regarding the a valid legal docs

I, mom and my sister are selling our rights to my Elder brother for XXX amount and due to financial reasons my Brother has agreed to give us a part of the payment 40% and the balance would be paid in instalments (yearly) 6-8yrs...
but he wants to get the property registered by giving the 40% payment.

would you please advise us the best legal & safe document for the balance 60% payment
1)MOU (memorandum of understanding)
2)Promissory note
3)loan agreement

your valuble sugesstion is required

thank you
Sada

senthilkumar   08 June 2012 at 00:41

Name change

Hi Dear Sir / Madam,
I have given my details below.

Name : Arumugam
Father / Surname : Sundaram

I have settled in UK and by mistake Passport & VISA are updated like

Name : Sundaram
Father / Surname : Arumugam

I have purchase the property in India with the following name.
''Sundaram Arumugam''

I am getting Citizenship where I can update my Main Name & Surname Properly to as Original.
''Arumugam Sundaram''

If I update my Main Name & Surname in my Citizenship & Passport, Do i need to change my Property documents also in India?

If it so, What is the process to change the name in the Property Documents ?

Thanks for your reponse in advance,

Nirmal   07 June 2012 at 22:19

Power of attorney

My father as power of attorney holder [singed in 1991] filed and signed the complaint under sec 138 on behalf of original payee.

The original payee in 1996 made a new power of attorney making me and my father both POA holders for the runnig and filing cases

Now my father has expired.

Can I also being a power of attorney holder make a substitution application in the complainant name and pursue the case.

are there any judgement available on this

Nirmal   07 June 2012 at 16:43

Power attorney

Can one individual along with other people appoint himself as his own Power of Attorney Holder in a General Power of Attorney.

i.e. if can A , b , c, d, e give poa to b and d

ashok khare   07 June 2012 at 15:21

Probate

Sir, please guide,

How to make Probate?

What is the procedure for Probate?