Mihir
23 April 2010 at 23:33
A property is in the name of Father and Two Brothers A & B . father has paid all the considerations and in agreement all three names are there. Now the father wants to transfer the property to only one son say Mr A. He can gift his share to the to Mr. A by making a gift deed. Does the second brother Mr. B also has to gift his share to mr. A...i.e. whether he is required to make agreememnt or deed so that he will not have any righs over the property...can he also make a gift deed and transfer his rights to brother?
PrnBCRBant
23 April 2010 at 15:38
Dear Sir,
My Client is purchaser of a flat which is under construction & the builder is financed by a Public sector Bank & the land & Building under construction has been mortgaged to the above bank. Now as i am also a panel member of the same bank & above said, my client wants to purchase a flat in the said apratment. what all points to be noted while issuing a legal opinion so that purchaser of the flat under construction can obtain a loan for purchase of the said flat.
if possible give me a format of such legal opinions.
Thanks in advance.
Anonymous
23 April 2010 at 14:21
Myself (man) and my father are joint owners of a commercial property.
* Can we give this property to my wife [my father's Daughter-in-law (Bahu)] by way of Relinquishment deed (the most cost effective way)?
* Or such a deed is not possible from father-in-law to daughter-in-law and is only possible in blood relations?
If above is not possible then what are the alternatives and some idea on costs please.
There is no problem between fammily members and they can sign as witnesses.
Anonymous
23 April 2010 at 07:42
I am still confused about the status of mother as legal heir in the ancestral property after the death of father particularly when father had already sold his share in the ancestral property before his death. Please clarify.
Harisha Agrawal
23 April 2010 at 02:28
My father has 2 younger brothers(with whom my grandmothers lives) and 1 elder brother.
Elder bother lives alone & seperately.
We(my father & his2younger brothers) live with in one building. Ground floor is for office & shop. 1st floor is occupied by two uncle with my grandma. We live in 2nd floor.
We have another ancestral property also.
these two properties are in the name of my grandfather who had expired.
we have nothing except 2nd floor.
uncles are not ready for settlement and my father's sisters are also not with our side.
so please suggest us how should we proceed to get right over the property or share of the property?
SPRakesh SP
23 April 2010 at 00:07
Hello,
I am Prashanth and I am a resident of Bangalore. This post is about a court decree granted against our house.
My dad had taken an advance of around Rs.110,000/- ELEVEN years ago in 1999 to lease out our house to a person. Due to some inevitable reasons we could not lease the house to the person. Hence we had to return back his advance. However, due to financial problems we could only refund Rs.55,000/- to this person.Hence we had to still pay him Rs.45,000 which we haven't paid him back yet.
Now, after 11 long years this person turns up and asks for the balance Rs 45,000 and the interest totally amounting to Rs.1,80,000. He also says that he has a decree on my house and can evacuate us at any moment if we donot pay him the amount he claims. I am not in the position to pay him any amount. Moreover, my father died 3 years ago in 2006. Also the house that i'm talking about has come to us by heredity from my grandfather.
All the agreements have been made between my father and this person. Neither me nor my mother are part of any agreements. Also, I was just 12 years old when this happened in 1999. Also the decree which he is holding might be very old, like 7 years old at least.
So my question now is: Does the court decree on my house hold any value now on my house or me or my mother?? Should we really respect the decree ?? Can this guy get us vacated from our own house for no mistake of mine or my mothers' ??
Please answer this query at the earliest as I need to speak with this person very soon. I will be thankful if u can help me out of this:)
Arati Gawde
22 April 2010 at 21:40
To purchase any property is there any specific time period mentioned anywhere / any case law for giving ‘Public Notice” in newspaper?
Arati Gawde
22 April 2010 at 21:31
If any non-farmer want to buy agricultural land for agricultural purpose then what is the procedure for the same? Is it necessary to acquire Farmer status first? If yes, then what is the procedure for the same.
Arati Gawde
22 April 2010 at 21:08
What will be the stamp-duty on registration of gift deed if gift deed is within or outside family?
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Kharab Land under farming
Hi,
My uncle has been cultivating since 1979 and has 2 acres & 20 guntas in his name. He has been cultivating in the land next to it which does not belong to any body and has been growing crops there for 3 decades.
I had heard that this land can be registered to the culivator of the land if he/she has been cultivating for more than 19 years.
Please can you let me know how and what are the procedures for this.
Thanks & regards,
Shiva Shankar S