Prashant Ramesh Surve
17 March 2009 at 15:32
Under a construction Business, If A Builder make a Development Agreement & POA with Land Owner for certain amount for more than 10 years & treated in his book as Stock in trade. The ownership of that land is with Land Owner or with Builder? Who is liable to pay wealth tax on that land? Land is urban Land having todays market value of 35 lakhs.
Thanks in Advance.
Rakesh Kumar
17 March 2009 at 12:05
Dear All,
Can anybody explain whether Agreement to sell is mandatorily registrable.Also,buyer agreement need to be registered under registration act or not.
Regards,
jayesh
16 March 2009 at 15:33
agreement for sale of immovable property require payment of the stamp duty as it it is a conveyance ??? relevant provission
sampat mane
14 March 2009 at 16:26
Dear Experts,
My father had purchased a property in mumbai suburbs through Mr. X for mfg activity in the year 1963. Mr. X was working with M/s. ABC as Property Caretaker. Due to lure of money & muscle power Mr. X sold plots of the land owned by M/s. ABC.
On Survey the revenue authorities put my father’s name alongwith Mr. X’s name in their records in other rights column as “tresspassers” and also declared that NA use is unauthorised.
The settlement could not be cleared and hence finally M/s ABC told revenue authorities to collect the NA tax from the encroachers.This was regularly paid by my father.
The latest property card shows my fathers name as imla malak which is shown in the revenue records in category “Other Encumbrances “ in the Property / Ruled (having tenure C-1)
Please advise on
1. What is the meaning of C-1 tenure
1A. What is our owneship title in above tenure and how do i Clear the title rights
2. Procedure to adopt change in name of the revenue records wrongly spelled by them
3. What procedure is to be adopted getting nominated for the title rights held by father to his legal heirs
4. Validity of a Power of Attorney (duly notarized) on behalf of the other successors which has been given to the deceased’s wife & son.
thanks in advance for your advice
regards
Sampat mane
Ramesh
14 March 2009 at 15:43
Dear Forum Members,
A person got the property through will.
What is the procedure for implementing the change in the Ownership in Revenue records?
With regards...
shivraj
14 March 2009 at 13:51
Under the Maharastra apartments act what procedure can apply for the new build up Apartment?
Which procedure must be follow under the law?
Give the reference of sections under this act?
Which documents are necessary for the apartment construction?
ashutosh mishra
13 March 2009 at 16:06
how can Eqitable mortgage be created on properties of deacesed if the original title deeds of ancestral properties executed before 1960 were lost. And the said property mutated in the names of legal heirs of deacesed without obtaining sucession certificate from competent court?
Pleae reply soon
regards
ashutosh mishra advocate
ashutosh mishra
13 March 2009 at 16:05
how can Eqitable mortgage be created on properties of deacesed if the original title deeds of ancestral properties executed before 1960 were lost. And the said property mutated in the names of legal heirs of deacesed without obtaining sucession certificate from competent court?
Pleae reply soon
regards
ashutosh mishra advocate
ashutosh mishra
13 March 2009 at 16:05
how can Eqitable mortgage be created on properties of deacesed if the original title deeds of ancestral properties executed before 1960 were lost. And the said property mutated in the names of legal heirs of deacesed without obtaining sucession certificate from competent court?
Pleae reply soon
regards
ashutosh mishra advocate
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PROPERTY OF TRUST
Sir,
Mr.A has purchased a property as Trustee of 'X'.The Trust 'X'is constituted by four trustees belongs to the same family.Subsequently they dissolved the Trust.
'A' sold the property,he acquired as a trustee of 'X' to Mr.B.
1) Whether the sale by A is legally right ?
2) What are the procedure for disposing the trust properties on termination of trust?
Pl.Advice
Regards,
JAGADEESH