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krishnarajpr   25 June 2009 at 14:47

Sale of Car parking slots in Apartments

Dear Seniors, I have a querry on sale of Car parking slots by the flat promoters.

When we purchase an undivided share of land in the transaction of purchasing a flat in an apartment, I presume that we are sold an undivided share of land. Like this, all the owners of the flat should be sold some undivided share of the land on which the apartment is being built.

Logically, if we put together all the undivided share of the land sold, it should tally with the whole of extent of land owned by the flat promoter (subject to certain extent of land statutorily left).

At this stage, now let us assume that I need to have a car parking within the premises. Most of the promoters are selling parking slots to the intending owners at some rates fixed by them.

My doubt here is that when the individal owners have purchased the whole of extent of land (of course each one purchasing some undivided share), how come the promoter sell again a place for consideration.

I understand that the calculation of undivided share includes this area where the car parking is alloted.

If my question is correct, would like the seniors to suggest their reply. If my assumption is wrong, then pleae clarify how the undivided share is being calculated in apartments.

Regards,
Krishnaraj P R
98403 55204

Shashwat Banerjee   24 June 2009 at 12:48

Equitable mortgage & Arbitration

Can an equitable mortgage be the subject matter of any arbitration proceedings?

Legal Eagle   24 June 2009 at 09:52

Leave and Licence Agreement

Hi. I am presently a licensee, my leave and licence is to expire. There is a clause of renewal. As per the said clause, I can renew the said leave and licence. I want to know, whether I have to enter into a fresh Leave and Licence agreement, as earlier I had paid the stamp duty for the existing licence period.

What is the procedure for renewing the licence?

WHat is the need to add a renewal clause?

Can any one renew the licence without there being a renewal clause in the licence agreement??

WHich sections are applicable in this context.

Thanks in advance

archana   23 June 2009 at 18:49

old ancestral property at sawantwadi

sir,

we have some 25 acres of land at Talavada , near to sawantwadi, recently my father in law died living behind my husband and his four married sisters and without any Will. Sir, is it neceeary to put their name in 7/12 Utara first for putting my husband's name.

sanjeev murthy desai   23 June 2009 at 15:17

NRI status

How to be prove that NRI status? Thanks in advance

veena   23 June 2009 at 14:53

brothers trying to selll propety without consulting sisters

Dear Sir,

My father had ancestral farms inherited from my grand father. Before dying in 1978, he changed the records of the property in the name of 4 brothers and wife of one diseased 5th brother. He did this out of fear that by keeping all records in his name, it may be risky for future. He did not leave any will. I and my sister, both of us had nothing in our name. Now all 5 are trying to sell the property without our consent. Since our name is not on papers, how do we raise objection and claim our share. I heard that they need our NOC but so far they have not consulted us. Can we put an application and stop the transaction? Please reply.

Thanks.
veena

Ajay jain   22 June 2009 at 21:03

power of attorney prerequisite for flat membership

Dear Sir/ MAM,

I own an under construction flat in cooperative group housing society in gurgaon.

1) How can I make its power of attorney in the name of my mother.

2) What other documents are required for POA.?

3)Any complication ,If i have taken a house loan on this flat?

Please share procedure of creating POA.

Regards

Manikam   22 June 2009 at 17:29

Girls rights on ancestors property

Hi ,

I am manikam from chennai,In regards to my earlier queries.

Do the girls has the rights to claims an ancestors property ,which was executed as a settlement deed dated on 1962 by father in favour of their girls and the same was rewoked and executed as a partition deed dated 1966 in favours of their sons .

Can the settlement executed in favours of girls be revoked if the property is an ancestors property ?(not their father's self earned property )

Do the girls have any rights to claims such property.

aman   22 June 2009 at 10:20

registery of property

Dear sir, Please suggest me,

maine ek sal phle ghar liya hai aur jab maine ghar liya tha us samey maine 50rs ke stump paper par usko token mani 35000 rs. diye total ush flat ki kimat 88000 rs hai jiska rest amount uco bank mai loan hai jab mai restery ke liye ja raha tha uske ek din phle ush sellar ki deth ho gyi maine bank wale se bhi bath ki par unhone loan trf ke liye mana kar diya tab ush sellar ke family se bath ki maine to ushke mother father ne mere naam par resitored power auotomy (ghonda) se kra diya kuki mere pass restery ke pese nahi they maine flat ki emi apne a/c se cheque deposite karta hoo ab maine puchna chata hoo in future muje koi preshani to nahi

PRACHI   20 June 2009 at 12:36

Value of stamp paper

Hi All:
we wish to register a leave & license agreement within the jurisdiction of Bandra Sub registrar.
What should be the value of the stamp paper to execute a power of attorney to authorise someone to sign the agreement before the sub registrar?

Regards
Prachi