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MAHESH JOTIBA KOCHERI   05 March 2010 at 09:11

loss of flat share certificate

Dear Sir,

want a format for a Public notice for advertising the LOSS of share certificate of an individual on a Housing society letter head as the News paper wants on the letter head.

kindly help

thanks in advance

regds

Anonymous   05 March 2010 at 00:02

sale of property through power of attorney

Sir I purchased residential plot in Bangalore in 1995. Token amount paid and agreement for sale signed by owners (3 persons) When final amount was to be paid it was paid i.e. sale deed signed by one Mr. Raghu power of attorney holder of all three persons who had signed the agreement for sale. The power of attorney is not registered with any authority. I do not have original but a copy of the same since the land was huge and as many as 50 persons purchased some portion say 600sq ft 800sq ft. etc. The sale deed was registered and the encumberance certificate from 1995 on that particular residential plot till date i.e.20.2.2010 is showing I am the owner. Now I learn that in 2007 the original owners (all 3 jointly) have sold the same residential plot to Another person
Ravi. But I do not have any document. My friend want to buy my plot and we are shortly entering into sale agreeemnt. By giving a paper notice in the regional language and if no objection received whether my friend can safely purchase the said plot from me? If Ravi objects for sale what to do?

Shambhu   04 March 2010 at 22:18

Requirements for Registration

What are the documents required to be prepared and registered by the Real Estate Developer before commencement of a residential complex and/or commercial Complex.

Shambhu   04 March 2010 at 22:16

Title Search

What is the procedure and requirements for carrying out a Title Search of a Property before it is being taken for redevelopment. Whether it be open land or old constructed property

Anonymous   04 March 2010 at 19:39

status of nominee after demise of saving bank a/c holder

What would be the status of nominee in saving bank account, after the demise of account holder.esp.if the nominee is minor(14 years of age). 1)Can the parents of the nominee withdraw or handle the amount?
2)can the parents of the nominee convert the account to fixed deposit scheme in the same bank.
3)Can the parents transfer the fixed deposit a/c.to some other bank/branch

P.S.NOMINEE IS THE GRANDSON OF ACCOUNT HOLDER.

niraj   04 March 2010 at 10:46

partition of property

my grandfather has 4 son & 2 daughters, earlier my 2 uncles were patritioned & agreed that they have no part in my grandfathers property & also 2 daughters are agreed that after marriage what will law says in this case whether my 2 uncles & 2 uncle sister can claim right of property of my grandfather after agreed that they have no right in stamp paper ?

please advice me

Anonymous   03 March 2010 at 23:09

partition of ancestral property

Grant mother had 300 cents of agricultural land in her name obtained from her father as her share. Further she got 350 cents of agricultural land from her brothers being their share, since grant mother was the only sister to them. She expired on 1980. She had 9 children ( 5 sisters and 4 brothers)5 sisters have 8 children. Last year one of the sister expired.(i.e my mother) Now the family has decided for a partition of the whole agricultural land by way of selling the whole property since no one is will to have cultivation.

Qn. 1. Now the family is dividing the 350 cents with 17 to give 1/17 share to all children and grant children of Grant mother. And the remaining 300 cents are divided by 9 to give 1/9 share to all children of Grant mother. Is the procedure correct?

Qn no.2 Since my mother expired whether her share will be transferred to my father who is in receipt of the family pension being the nominee(legal heir)

Qn. No.3 Cultivation in the agricultural land was done by one of the brothers through out these year and enjoyed the returns. In the partition they are deducting Rs.200000/- from total sale value of the land towards i) land tax remitted through out the years ii) Expenditure incurred for constructing a well and fixing a motor for agricultural purpose, iii) Expenditure for constructing fence to the land from time to time etc., etc. Is the procedure correct?

Please answer the above questions.

Raj Kumar Makkad   03 March 2010 at 22:39

Applicability of Stamp Duty

Dear Experts!

My client was successful bidder of a closed mill under liquidation and liquidator was a High Court. Auction was confirmed by High Court. The auction/bidding value included Rs. 5 crore as of land and building and 10 crore as plant and building. As per direction of Liquidator, my client got executed sale-deed/sale-certificate by affixing stamp duty only against the value of land but the sale-deed was impounded by the concerned revenue officer and show cause notice was issued to my cleint stating therein that under section 47-A of Stamp Act my cleint is required to affix the stamp on entire amount of Rs. 15 Crore.

Now my quarry is:

1. Whether the stamp duty is liable to be charged only against immovable property?

2. If yes then machinery and plant installed in the mill shall come under the definition of immovable category or not? If not the reasons thereof

Any other suggestion is also welcome.

Anonymous   03 March 2010 at 20:28

Settlement deed in name of two persons

Hi,

My mother is owning a plot with approved building. The property (plot) has been duly probabted in the high court after my grandfathers death since it was a registered will.

My mother wishes to settle the plot with building in name of my brother and myself.

Is it advisable to register a single settlement deed or two settlement deeds.Will we have to go for single or two pattas.

if we go for two settlement deeds with the plot divided equally, what about the building. How will my brother and I enjoy the building. In case of any dispute later what would be status of building (G+1 flr).

Also, in case of two settlement deeds will we have to for two electricity, water tax and property tax.

As of date, my brother and I would like to go for a single settlement deed so that we enjoy the complete piece of plot and building. Also we will have one electricity, water tax and property tax.

Please advise.I am in need of your community help.

Anonymous   03 March 2010 at 14:37

How to transfer a patta of land with GR label?

My had obtains some of my grandfather's land through partition among the brothers. The partition is registered. Some how a piece of land which my father acquired through the partition, the patta is still in my grandfather's name and now it is having GR label. I was informed that the patta can't be changed as it has GR label?

I would be grateful if you let me know what does GR means and also how to change the patta to my father's name.

My father is facing problem in selling this land as buyer's are insisting on the patta to be in my father's name.

Thank you