Member (Account Deleted)
02 April 2016 at 13:14
Hello experts
we recently purchased a land as a 50:50 joint ownership between me and husband.
The land is purchased via home loan and our salary income, after validation from the bank for requirements.
Before purchasing this property, my husband wanted an opinion from his auditor and i went along with.
The auditor after hearing the plan to buy the property as joint between us (couples) stated very casually that there might be "legal heir" problems in future.
My husband did not react to this, we discussed few other queries on wealth tax and proceeded to lawyer for legality verification of property papers and completed the purchase.
Question :
We are recently married (2 yrs) and have no kids until now. Since this is a joint ownership property, "what & how" does the legal heir problem mean to us.
Also this is self acquired , we are paying the home loan back through our income.
Since we are couples, Legal heir is only the children we will have, so what does this statement from auditor really means ?
Is there something i am overlooking to the auditor's statement in this context.
Kindly clarify your opinion, thanks.
NITIN KAUSHUK
02 April 2016 at 08:57
Sir, A company named as S R DEVELOPER is selling plots in sq.yd. (in units)
of an agricultural land, it says, it is authorized to layout a colony on this land. It is offering registry and Dalila-kharij too. Is it right to make investment in this plot, and can a company sell units of a big land after giving plot no. And minimum facility like street, electricity etc ?
Anonymous
01 April 2016 at 15:40
Kindly tell the exact / accurate difference between self acquired property n ancestral property?
1) Is property that is received intestate, a ancestral property?
2) A property received through Registered Will is Self acquired or ancestral?
3) Son received property by registered Will from mother, is a self acquired or ancestral?
ARjun V Ajith
01 April 2016 at 15:37
My father has a property which is registered from my grandfather to father in 1992. Later in 2000 my father registered the property to a third person for borrowing some amount from him. Due to some inconvenience the borrowed amount could not be repaid by him. Since the borrowed amount was very less compared to the land cost, the third person did not intrude in to the land so that my family is continued to stay in the same property till now. Few months back we enquired about the third person who has the owner ship in the property, then we realized that he has passed away few years back. Now its more than 15 years we are occupying the above said property. Please help me to approach the situation to get real documents for the property in my father’s name using the rules in adverse possession.
Ajay
01 April 2016 at 09:31
There is privately owned school running for more than 20 years, at Gram sabha land in the village. Can the school continue to run by the individual or ownership can be removed?
sreeram
31 March 2016 at 19:49
Hi Sir,
We are two brothers and we have two portions building. we have constructed building in 2009 with taking 10L loan from a bank.
the property is in my brothers name (to get loan) and now he is refusing to give my part, and he is not repaying loan from past 3 years (2012 on words). now the bank people came and asking to repay or they will go to auction.
while dividing our propertys we wrote one mutual 100rs stamp paper agreement to register property my name and the validity he putted 31-12-2012 but he didn't, again we met with a set of people and made agreement in white paper with witnesses.now he is in abroad and he not replying me and bank people.
Questions:
1) what all are the possibilities i can get my 1/2 portion in the house?
2 ) how to stop the bank auction?
3) is the white paper or 100rs stamp paper will work to get my part of property?
4) if auction held after deduction of loan amount the remaining amount will go to whom?
5) can my mother can do any thing to prevent auction or fight for share?
Thanks in advance.
Thanks & Regards,
Sreeram.
Pradeep
31 March 2016 at 19:33
Respected Sir,
Can husband give evidence in place of his wife in property related cases where civil case is filed against his wife.
Prabhu
31 March 2016 at 15:50
Dear Sir/ Madam,
Am selling property to one buyer and he had paid 45% of amount.Now he is not able to take registration because he does not have balance amount. However he told to me that, he sending legal notice. Meanwhile I did not receive the notice because the post did not come.
Now what is the consequence on this?
should I become deemed to be received or what?
Should I send fresh legal notice to him from my end.
Kindly Suggest.
Athar Ahsan
31 March 2016 at 15:13
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kirayedar
sir mere papa ne 2 shop kiraye par de rakhi he un dukano ko 15 saal ho gyi lekin 8 saal se ab dono kirayedaar kiraya nhi de rhe he or na hi dukan khali krte he vo bolte he agar dukan chahiye to 10-10 lac rupaye do nhi to jo krna he kar lo or sir ek dukandaar ne to wo dukan kisi dusre kirayedsar ko de di he 5000 rupye mahine me jbki hme vo 500 rupye dete the kipiya hindi me jawab dijiyega sir ki hum kya kre