Member (Account Deleted)
10 July 2010 at 02:25
Dear Ld Friends,
Father has mortgaged the ancestral house property (year 1987) with ABC Saswatha Nidhi and availed loan (approx. Rs.75000/-).
After a year, father passed away.
Father has four sons.
Loan was settled (year 1998) by 3rd son and he collected the documents and kept it under his custody. He is not showing the documents to anybody and always claiming that he only put initiative and settled the loan.
Query
Is it legally permissible that any legal heir with money can settle the amount and collect back the documents without consent of other legal heirs ?
Is it right on the Lender part to just collect the amount for the mortgage loan and hand over the documents to the person, who is settling the loan ?
I shall wait for your views on the matter.
santosh
10 July 2010 at 02:11
after father's death, property (residential house) need to transfer to mother's name. does it required to obtain succession certificate?
both me and my sister don't have any objection.
property value is aorund 90 lakh or more than that.
is there any option to transfer the property with out paying 6 % of court fess?
Member (Account Deleted)
10 July 2010 at 02:07
Dear Ld Friends,
I may seek your advise on the following :
A has a family (wife and a son)
A has 3 brothers and 3 sisters.
A's father passed away and left the Ancestral House Property, which may be approx. 1000 sq. ft. including all the three floors.
A's mother is taking care of the property.
A is not comfortable to stay in the house due to variuous inconveniences by his family members.
Query
1. Whether A has eligibility to file suit for PROPERTY PARTITION or claim amount of his share ?
2. Is it legally permissible, when all the other family members are not desired either to split the property or sell the property ?
3. Whether A's three sisters are eligible to have a share in the property, even they all were married before 1994 ?
I shall wait for your guidance on the matter.
PRACHI
09 July 2010 at 20:02
my client has purchased property through bank's auction under the sarfesi act. the property is leasehold property (i.e. Midc Property). bank has issued sale certificate. now bank wants to prepare sale deed .kindly let me the format of sale deed in case bank is seller
Prakash Pillai
09 July 2010 at 19:55
where will i find an expert to verify / authenticate signature on a will
Balkrishna
09 July 2010 at 19:29
Attn.
Dear Sir, I would like to know as a proprietor of the old buliding in Mumbai when redeveloping of our building, what should i ask to the builder?
Anonymous
09 July 2010 at 19:05
I search a entry of no. 6 hakka patrak but some any are miss to write in Utaro 7/12 because the data is not on link proper as per 7/12 thereafter i search last 30 years record but i can not found any entry now i give a title certificate in subject to............... my party. otherwise i says him this property is not clear for purchase?
prakash
09 July 2010 at 18:14
While purchasing land to do business.land was registered as A.B.& co's partners 1& 2.Now partner 1 has retired by setteling all his accounts.On furnishing the retirementdeed to the land revenue dept.the concerened officer opines that on retirement of partner 1 the name of the outgoing partner can not be deleted from record but partner 2 has to reregistere the land in his single name.
Please advice if it is right or wrong ?
Manjunath
09 July 2010 at 16:21
Hi,
I am planning to buy a property from a GPA holder, who has a GPA from an NRI, to sell his residential proeperty located in bangalore and the GPA has been notraized , stamped in Indian Ambassy and stamp duty is payed in District registrar office.
AS per the terms in the GPA Land owner had written a clause saying Attorney has rights to receive full the amount and give bills from the prospective buyer, but when approached a bank they told, they will issue the draft in the name of land owner but not in the name of Attorney.
GPA holder is saying since they have already paid the money to land owner, if the bank pays draft in the name of land owner they have to get it back from the land owner, so ask bank to give it name of Attorney. I had checked with the land owner , he told yes GPA holder has right so receive money.
Can you please suggest/guide can a GPA holder as right to receive money on behalf of land owner in this case, and will bank give loan amount in the name of GPA holder?
Thanks for the help.
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share of father`s, self acquired property to mentally retard
`X` is the father and has died intestate. He left behind, wife, son, mentally retarded daughter of 30 years, another daughter 28 years, married. Now `X` property is being sold.
What is the status and share of the mentally retarded daughter?
Can mother become guardian and enter into the sale agreement on behalf of her mentally retarded daughter and receive the monies?
Can the mother sign the documents(sale agreement and sale deed) on behalf of her daughter? Is it valid?
Regards