Rajesh
24 August 2014 at 18:20
I am planning to buy a new property and on verification of the title deed it has been observed that this property has been transferred though multiple ownership. I am planning to avail housing loan to buy this property and the bank has been confirmed me that this is an approved project and the verification of the document has been done already by the banks legal. For a reconfirmation I have given this for my advocate and he could find some minor irregularities in it. My question here is, being an approved project by bank, if in case someone is making a claim on this property on a future date, will I be liable to compensate bank on the amount of loan available by me.
Kalyan Ghosh
24 August 2014 at 15:53
Respected Sir,
I am 67 and have only one son child with his family of my daughter in law and one my grandson(5 years).I have excellent relations with them.My son is big executive at a MNC and remains very busy.Moreover he is not at all property conscious.I wish to transfer everything in his favour during my life time,so that he has not to face any hardship after my death.For Bank A/Cs and Fixed Deposits my son is either a Joint Holder or Sole Nominee.
To my knowledge there are some options.
A)Gift Deed,B)Relinquishment Deed,C)Deed of Conveyance.Which one is the least cumbersome and least costly?
One civil lawyer dealing with property deeds has suggested that as my son is the only legal heir of my properties(My wife is not a factor ,she is as as kind to my son as well)simply by submitting one Affidavit before a First Class Magistrate will enable him to acquire the property.Whether the Hindu Succession Act allows this?Whether affidavit before a First Class Magistrate will enable him to acquire the property. Please help
Chetan
24 August 2014 at 13:25
Dear Experts,
I would like to know what should be rent agreement registration charges in noida for a rented property of 14000 P/M for 11 months..
AFAIK current stamp duty is 2%.. am i correct?
Can you please give me a rough idea on the same.
Thanks in advance.
-Chetan
P.C. Joshi
24 August 2014 at 13:14
Dear Friends,
One of my friend purchsed a DDA flat in June 2003 from a property dealer, who had purchased the same one month back on POA from the orginal allottee. In both cases, the GPA and SPA have been registered but Agreement to sell has not been registered.My friends was unaware of the imlication of a unregistered conveyance deed.DDA has recently launched a scheme to convert leasehold to freehold.When the broker saw the docs. he pointed out this problem to my friend. he is quite upset. is there any way to get the flat converted into freehold.though, his family has been living in the flat for last 11 years, there is no problem any time from the original allottee or the property dealer who sold the property to my friend. But I want to know is there any risk of litigation or claimfor owvnership of the house from the original allottee or the property dealer taking the advantage of the shortcomings in the docs.
Can anyone please share the views.Replies suggesting "consult to Lawyer" advised not to share their views as the issue involves sentiments.
Thanks
saurav
24 August 2014 at 12:13
Hello Sir,
I wanted to transfer my flat in Delhi to my father. I have following queries in effect to the above transaction:
1) Since it will be without consideration, I will transfer flat throught sale deed, However I wanted to know whether I need to pay stamp duty + Regsitration charges to the government. If yes, what would be rates? Is there any concession on rates in blood relation?
2) Flat in currently on home loan. what are the tax implication on:
a) transfer on property
b) home loan deduction (80C and 24b of IT ACT)
sushil chaturvedi
24 August 2014 at 04:36
Dear Sir,
1.my father has 5 brothers. 1 of brother died after his death a women came and she claimed as his wife right in his share in property.
2. We have filed a case in revenue court for denying her claim as my uncle's wife and in property and revenue court and sub megistrate has given stay order on the sale of the property till the case has been finalised.
3. In january 2014 they women who is claiming as wife of my uncle's wife has sold the land through power of attorney.
4. The person who has bought the lane is mafia type. He has taken the most valuable part of the land.
5. Till date we have not done the partion on land among my father's brothers and we are getting the land which is less valuable.
6. I went to the local court, there lawyers told me that it is not easy to get the kand registry cancelled. If we fight the case there is very less chances or the luck will be in our favor to win the case.
7. Sir, I am getting constantly threat from the person that if I will fight the case It will be not good for us. So its not possible for me to fight the case at local court.
So sir I want to know.
A. What legally I can do.
B. Is it legal that a person's ownership is questionable and there is a stay of NAYAB TEHSELDAR of REVENUE COURT can sell the land.
C.what are the chances if I approach allahabad highcourt to hear my case direcly because first Iam getting constant threats from opposite party second I am living in delhi and working in a private company, because of an accident my both hands, collar bone and ribs are fractured so its not possible for me to do long journey
D.what are the chances of my winning.
Please help me out
OM
23 August 2014 at 15:30
Sir/Madam,
my Late grand father was acquired a plot of land in my village in district Churu Rajasthan. He is no more. after his death my grand mother was the owner of the said plot, but unfortunately she is no more.
The said property is now in dispute my grand father has three son as his legal heir one of them was my Late father, we are two brothers and one sister. now my both the uncle and my mother has decided to sold the said joint plot.
As I am leaving separately and i have heard the information i have talked to my mother, brother and both the uncle regarding the matter and requested them not to sale the property, but they are not hearing and also talking that you have no rights or share in this plot of land. As of now the registration has not done for the plot in dispute.
Can any one in panel here please give his/her valuable suggestions to me, that what to do so that they can't proceed to register the said plot in the name of buyer without my consent, because i don't have any papers or copies of PATTA of the said plot.
Your valuable suggestions are highly appreciated.
Thanks and regards,
Om Sharma
Ritika singh
23 August 2014 at 13:22
would be glad to seek assistance on following:
1) can sarfaesi action of possession be taken on an already attached immovable prperty vide decree from civil suit.
2)can an immovable property be simultaneously attched by two courts/forums?
3)if a bank has taken physical possession for almost 5 years of the property but still not published any public notice, is any remedy possible before proceeding with publication of sale notice for its sale?.
Ritu Jain
22 August 2014 at 20:30
i have a shop in delhi, i stay in patna. i want to transfer this property to my grand son can this be done thru a relinquishment deed ? what are the ways to transfer this property to his name kindly advise.
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Mutation of property document legal validity in sale of inherited property
I am one of the eight inheritors of my mothers property who died intestate. The property is located in West Bengal. We have got the property mutation done in our individual names. We seven inheritors would like to sell our shares to a non family member after the only remaining inheritor has not taken our offer of buying our share. I would like to know whether the mutation records of an inherited property can be considered as a valid registered document showing ownership of the portion of share one holds for sale of that portion to a third party. Will appreciate very much sound advice on the same. Thanks Saswata Maulik