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Anonymous   16 years ago

stamp duty on equipment lease

Sirs,

We want to take equipment (Tippers) on lease. The estimated cost would be 50 lakhs on a monthly lease rent of 3 lakhs for a period of one year.

If this lease deed is executed on a Rs. 50/- non judicial paper, will it be ok.

Does it needs to be registered, if so, what would be the stamp duty involved in this transaction.

Members may kindly clarify.

Member (Account Deleted)   16 years ago

Regarding house property

Hi,
I am resident of andhra pradesh. My wife's mother expired 2 months back.

My aunty has one house at AP. The stamp papers says:
1) XX D/o AA( father of my aunty)

2) YY D/o BB(my uncle).

We are doubt whether this is Joint property or not. Apart from that, my uncle argueing that he will get half from the house.

Can you please clarify?

Many Thanks

Anonymous   16 years ago

Agriculture land - Karnataka

Sir
I have purchased an Agriculture land of Four Acres in the year 2003. I am not an agriculturist. I obtained permission from the Assistant Commissioner, as my income was below Rs Two Lakhs per annum and my income was only from agriculture source from a leased land. The permission was granted to buy a specified land on condition:

1. I will use it for agriculture purpose - for self cultivation - not leave it idle - otherwise the government will acquire
2. permission is granted only to buy the specified land and cannot buy any other land with this permission
3. Will not request for the conversion of the land

For the past Six years I have been cultivating on this land. Now I fell ill and I am not able to continue cultivation and the land is left idle.
I have Two children both are now employed in IT industry. Wife - House wife. I wanted to sell this land

MY QUESTIONS:

1. For how long these conditions apply - as nothing is specified in the permission - As I am ill how long the land can be kept idle
2. What will happen if I die before selling the land. If my family inherits what will be the status
3. If I bequeath to any other relative - A NON AGRICULTURIST by a WILL what will be the status

Kindly give me suitable advice and suggestion

Thanks and Regards

A A Dass

Anonymous   16 years ago

Agriculture land - Karnataka

Sir
I have purchased an Agriculture land of Four Acres in the year 2003. I am not an agriculturist. I obtained permission from the Assistant Commissioner, as my income was below Rs Two Lakhs per annum and my income was only from agriculture source from a leased land. The permission was granted to buy a specified land on condition:

1. I will use it for agriculture purpose - for self cultivation - not leave it idle - otherwise the government will acquire
2. permission is granted only to buy the specified land and cannot buy any other land with this permission
3. Will not request for the conversion of the land

For the past Six years I have been cultivating on this land. Now I fell ill and I am not able to continue cultivation and the land is left idle.
I have Two children both are now employed in IT industry. Wife - House wife. I wanted to sell this land

MY QUESTIONS:

1. For how long these conditions apply - as nothing is specified in the permission - As I am ill how long the land can be kept idle
2. What will happen if I die before selling the land. If my family inherits what will be the status
3. If I bequeath to any other relative - A NON AGRICULTURIST by a WILL what will be the status

Kindly give me suitable advice and suggestion

Thanks and Regards

A A Dass

Anonymous   16 years ago

Maintenance Services from Builder not satisfactory

Dear Sir,
In our society we have purchased flats from Greater Delhi Planners and have executed the registery as well. The builder have formed a Maintenace agency and we were regularly paying monthly charges to the Agency. We donot have any maintenace agreement with the agency. We have also formed our RWA and have registered the same (2 years old).
We have requested maintenance agency to discuss with us to improve the services and decide on the maintenance charges. But the builder / maintenance agency has not responded to any of our letters and have never given us time to discuss the matter in person. We have requested him to hand over the society maintenace to our RWA also but no response. Since last 2 quarters we have stopped the maintenace charges and have duly informed the maintenance agency as well as the builder but again no response. We have also informed the Police station and have given the complaint. He has stopped the Generator set required to run common area lights and lifts when the Electricty from electricity department is not available.
We are in a position of Fix as no electrician, Plumber are available from his side. He has also defaulted for last 2 months to pay the electricity charges to govt for the common area.
Please suggest how shall we proceed to rectify the same and live in a tension free and good maintained environment.

Nitin   16 years ago

necessicity society formation

Our buildiing is situated at Mumbai & of 125 flats & all the flats has been sold. We have been staying in this building since 14/16 months. Its a new building & now Builder is insisting to form the Soc. My querry is there has been few issues related with Water quality, security, parking, common area tiling work, electricity fluctuations, Cracks on inside/outside walls etc. are still pending.
In this scenario few residents feels that we should not take handover from builder & few feels that we should take the hand over which gives us the collective power?

Pls. clarify in detail if we take handover what will be benefits if we delay the handover what will be benefit or loss?

Nitin Tayade
9321727277

Anonymous   16 years ago

Transfer of Property

I just wanted to know about the NOC, that is used to express the no objection of one party relating to the transfer of the property to another party. I wanted to know what is NOC, whether it can be typed on a plain paper, or on a stamp paper, or if there is a prescribed form relating to NOC.

Rajaram C Iyer   16 years ago

cancellation/rectification of settlement deed

Dear Ld. Members,

I would like to amend/rectify a settlement deed which has been registered.

Is it necessary to revoke the settlement deed in the first instance and then make a fresh one or a rectification can be done straightaway. Please give your valuable advise. Also give me a sample deed for revocation of settlement deed

thash   16 years ago

Transfer of property - Please help

I had purchased an apartment in my and my mother's name. My mother passed away and now the apartment is ready for me to take possession after registration.
I want the apartment to be registered in my name and my brother has waived off all rights to the apartment. The builder's legal team is asking both of us (my bother and i) to be present in india, even though my brother has the power of attorney to receive the apartment on my behalf.

Is it required for both of us to be present for the registration to take place ?

Can i authorize someone to receive and register the apartment in my name?

Thanks,
Thash

Anonymous   16 years ago

Property acquired through Will

Dear sirs,

My grandmother had 1 son and 2 daughters.She had a property at chitradurga (Self acquired) which she,before dying, bequeathed to her only son in 1984, through a registered will. One day before her(Grandmother) death in 1984 my grandmother made another will bequeathing her property to her grandson (me) (Son's son), which was not registered. Khata was transfered in my name in early 80s and i have been paying all the requisite taxes till date. my queries are
a)Since the property is inherited by me through will,can my aunts(Father's sisters) claim any right to it now, in 2009 ?
b)If yes, will their appeal be rejected on the grounds of limitation act?
c)since there are 2 wills , one bequeathing the property to my father and the other one to me,is there any conflict which makes the will invalid?

Kindly request the experts to resolve my query.