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Anonymous   20 January 2011 at 09:51

Transfer of self acquired property to son

Respected Lawyers,

I have a house as co-sharer in my name and my elder sons name, in faridabad, haryana. That is our self acquired property and now in my life time i want to transfer my complete share to my elder son only. Please let me know how i can do it very economically and at a least cost, please tell me the modes of transfer of this house to my son in my life time.

Some one told me to execute relinquish deed in favour of my son but one advocate told me that relinquish deed can be execute in matter of ancestral properties only and it does not applies to self acquired property.

Pls guide me........ thanks in advance

Anonymous   20 January 2011 at 09:32

Inheritance of Parental Property

Dear Sir,

What is the procedure to get the documents(like legal hire certificate & etc.)which my brother has submitted in the bank??

Please advice me.

Thanks & Regards,
Meenu

Anonymous   19 January 2011 at 22:19

Selling property on certified property docs--Risks?

I am a real estate agent.

Many times we come across properties whose original documents are not with the sellers,they generally say that these are lost & present certified copies of the same.


We treat certified docs as originals and sell such properties but banks generally do not finance such deals.



The seller might be telling a lie, he might have mortgaged the original docs or have indulged in some kind of deal of that property with some one else.


Is it right for us to sell such properties--the seller may be truthful also--what is the best legal way out so that no risk should remain for the hard earned money of the purchasers?

Anonymous   19 January 2011 at 22:12

Will ?

"A" bequeathed a property through a registered Will in the name of unborn child of "B".

" Miscarriage happen to "B".

To whom the property will be inherited?

Anonymous   19 January 2011 at 22:11

Earnest Money Agreement----Rgd. or Unregd.?

I am a property dealer,earlier we used to make "Earnest Money Agreements" (Agreement to sell) on plain papers with signatures on revenue stamp.


These days we are making these agreements on Rs.50/-stamp papers.


My question---Should we get these agreements registered or unregistered are ok--if some dispute arises?

Deals are in Crores.

Anonymous   19 January 2011 at 17:46

STAMP DUTY

Hi ,
I stayin hyderabad. Recently my father expired and he did not write any Will. Now the property is on my father’s name. we are four brothers and one sister (married). We want to transfer the property on my Mother’s name.We all brothers and sister give the consent to transfer the property exclusively on my mother’s name.
My property value is 1,17,76000 INR as per Government valuation. Could you please tell me what will be the charges of transfer or percentage of stamp duty to transfer on my mothers name.

sagar Rao   19 January 2011 at 17:35

Vacant House

Dear Experts,

We are three brothers living separately in my fathers house and my father expired 6 years back and my mother lives with me.

Now a days my younger brother and his wife are creating lot of new sense and spoiling our family image in the society and i these regard we family members interfered and solved their personal problems by giving necessary things in cash/kind to them,but no use.

Now we are fed up with them and wants to vacant the house, i am second son to my father.

So please inform procedure and our rights to stop new sense.

Anonymous   19 January 2011 at 17:02

Transfer of self acquired property to son

Respected Lawyers,

I have a house as co-sharer in my name and my elder sons name, in faridabad, haryana. That is our self acquired property and now in my life time i want to transfer my complete share to my elder son only. Please let me know how i can do it very economically and at a least cost, please tell me the modes of transfer of this house to my son in my life time.

Some one told me to execute relinquish deed in favour of my son but one advocate told me that relinquish deed can be execute in matter of ancestral properties only and it does not applies to self acquired property.

Pls guide me........ thanks in advance

Dipti R Shah   19 January 2011 at 16:52

Modicication of Deed

Dear Sir / Mam,

Kindly advice me, I have purchased an underconstruction house it is in the name of my husband & me, 1st name is of my husband who accidently died after 3 months, now I require to take a housing loan from bank,but the bank want the whole agreement should me on my name, kindly advice the procedure & steps.

Ashwini Sharma   19 January 2011 at 14:53

SALE OF PROPERTY via power of attorney and will

Hi,

These are the facts to be considered

S1 in order to avoid stamp duty sells property and gives possession of the property to S2 by executing a power of attorney and entitling S2 full rights over the property to sell, lease, or do whatever he wants to with the property. S1 also executes a will in favour of S2 that after the death of S1 the said property shall devolved to S2.

Now, S2 dies, which means the power of attorney is no longer in effect and S1 is still living which means the property has not devolved yet by way of will.

now in these circumstances, how can the legal representatives of S2 sell or lease the property out to someone? if they continue in possession of property for a long time, will it help the case of legal representatives?