Prashant
18 June 2014 at 22:03
Hi,
I belong to a housing society that has 3 wings and a fairly large open area. We are in the process of conveyance. There is an opinion on some fronts that if every member of a flat has paid the stamp duty on their chain of agreements, then the stamp duty payable on deemed conveyance is minimal...is this true? is there a stamp duty that needs to be paid on open land area within a society?
kadirz
18 June 2014 at 20:04
Dear Sirs
I had earlier raised query regarding the refusal of the builder to hand over the original construction agreement to the finance company which has funded my property .This is because only one construction agreement has been registered .The finance company in turn is refusing to disburse balance of 5% . The builder is not ready to take the certified construction agreement and hand over the original document. I was advised to initiate legal action against the builder by the expert forum lawyers. Request if some good lawyers can be recommended in Chennai for me to proceed to initiate legal action .
TEJ NARAYAN RAO
18 June 2014 at 16:12
R/Sirs,
Can I purchase a residential house in the name of self and my real brother, after raising housing loan in my own name from a bank?
Thanks in advance,
Dear Sirs,
is there any exemption for stamp duty on power of attorney, where a co-owner of the flat wants to give power to other co-owner to sell the flat???
the co-owners are distantly related and are there is no direct blood relation.
Can we prepare and register a power of attorney by paying Rs.500/- as stamp duty as is applicable for blood relatives??
the property i.e. the flat is in Maharashtra, Thane District.
shrikant
18 June 2014 at 14:46
Dear All Experts,
We have purchased a piece of land having Plot A and Plot B in my wifes name and friends name and have done sathe karar and notorised the same in the year 2002, since my friend does not want the plot B, i have bought the same by paying him suitable compensation and made sathe Karar and notorised it in the year 2011. Now i want to register plot A in my wifes name and Plot B in my name, by legal procedure, landlord is ready for registration.
What is the procedure to be followed for registration? How can i save on Stamp duty and registration charges Please suggest and guide.
neha
18 June 2014 at 13:12
Hi, I have a Power of Attorney (POA) in my name for a particular property which is owned by my sister who lives abroad. According to this POA, my sister has given me a legal right to do any sale/deed on this property.
The property is in her name obviously.
I wanted to know that if we are executing a sale of this property (with knowledge of my sister ofcourse) and since she cant travel to India, Can the payment received from this sale be in my name (if we take a cheque/draft)? or it has to be in her name since she wont be signing the papers anyway and I am the one who will sign and do the paperwork.
If father in law wants to transfer an immovable property to daughter in law through gift deed in Surat , Gujarat....Then how it can be done...?? i mean what fees or charges are to be paid....??
And also after Registration of Gift Deed , whether the same gift deed can be challenged or revoked.....??
For e.g sasur transfers immovable property in name of his bahoo....then after registration of gift deed , whether legal heirs of donor i.e sasur can challenge this gift deed.....?? Can they succeed in the same....??
Please do the needfull.....
mysweethome
18 June 2014 at 11:26
My uncle had sold his property 1 year ago, and the agreement was mutual understanding.
My uncle sold the land , based on the mutual understanding bond stating that - my uncle can get back the land within 5 years, once he can pay the desired amount to them.
But, my uncle has only the xerox copy of the agreement .now they are saying , it can't be given back to my uncle. Is there any way to help him. Pls help him. Thank you...
Vivek
18 June 2014 at 00:13
Dear SIr,
Case : ABC Pvt Ltd. has given loan to another unrelated XYZ Pvt Ltd Co. for interest. In lieu thereof, XYZ Ltd. has given exclusive mortgage to ABC Ltd.
Query
a) Is Loan bad in law ?
b) Can mortgage deed be registered ?
If yes what is stamp duty to be paid ?
Cc relatinng imp terms
what are the documentation part are mandatory when bankers are providing cc limit which is more than 5 cr or more or less ? have they register to secure the collateral securities under safari act ? what is the purpose of it ? have borrower has to give encumbrance certificate to the bankers and bears the exp ? when bank demands to ensure from the borrower of cc facilities to give POA to collect the bills receivable ?