kavkaz
22 November 2015 at 11:40
Hello,
I own 2 flats in a Mumbai based CHS. I myself am the sole owner to the first flat &
myself and my son are joint owners to the second flat.
Please note here that the stamp duty was not paid by the previous owner of the first flat and till date it is still outstanding.
Presently, I am in the middle of the transfer process for the second flat. In this regards, I have asked the CHS to transfer the share certificate for the second flat in my name (with my son as the co-owner to the flat).
Recently, the CHS has started with the deemed conveyance acquisition process and as part of the process, the CHS has asked me to submit an Indemnity Bond stating that "I accept and will pay the stamp duty for the first flat on behalf of the previous owner of the first flat" and then only after submission of the said Indemnity Bond they will transfer the Share Certificate for the second flat in my name.
My query: Is this the legal way in part of the CHS to forcibly ask me to submit such an Indemnity Bond? Has the CHS got the right to withhold the transfer of my second flat and force me to submit such an indemnity bond? Eventually, the 2 flats are separate entities.
Thanks in advance :)
krishna
21 November 2015 at 23:31
Dear Expert's
I have a quarry. I want to know which is suitable for registration?
I am only son to my parents. They are no more today. My parents left me 50 yards house which is registed on my mother name and mentioned my name also in the will deed in 2001. Now I want registration on my name from and I wish to mention my wife and 2 minor sons. Which is correct, Gift Deed or Will Deed.
Krishna
Hyderabad
Novice
21 November 2015 at 21:36
Hi
My mother,mama and masi are equal co-owners of a property.
I now want to apply for a home loan to purchase the share of my mama and masi.
Is this allowed as per property law ?
If no, then is there a way for my mother to surrender her stake so that the property is only of my mama and masi and can I then get a home loan for the purchase ?
Look forward to you advice.
Member (Account Deleted)
21 November 2015 at 20:30
sale agreement validity when the person died and the signature is valid
kavkaz
21 November 2015 at 17:28
Respected Sir/Madam,
I purchased a flat in Mumbai in the year 1995, in a residents association, which further got registered as a CHS in the year 2005. The first owner of the said flat had not paid the stamp duty and surprisingly, also got the NOC from the residents association to sell his flat to me. When the CHS was established in 2005 as said above, I paid my stamp duty (liable on my part) and got the share certificate of the said flat in my name, issued by the society. Recently, the society has started with the deemed conveyance acquisiation process, wherein as part of the said process, the society is helding me as liable to pay the stamp duty on behalf of the first owner.
My query
---------------
1. Can the residents association issue an NOC to the first owner to sell his flat? (wherein the stamp duty was not paid and the agreement registeration was not done).
2. Can the society issue the share certificate to me without srcutinizing the first owner papers (wherein the stamp duty was not paid and the agreement registeration was not done)?
3. Can the society held me liable to pay the said unpaid stamp duty, which was the actually the liability of the first owner?
I would highly appreciate your response in this regards.
Thanks in advance.
Abhinandan Upadhyay
21 November 2015 at 06:38
What is the procedure of making a Property Wil?
If a father dont give his son anything in his property mentioning that he is not his son now, then can grandsons do claim on the property challenging the wil?
Reply asap
Male J&k
asher
20 November 2015 at 22:39
A Sweden citizen purchased a house property in 1978. But he didn't obtained RBI permission. Now one of his neighborhood threatening him that the sale is void. Is this a serious problem??? Whether any idea or case laws on his side for safe????
shiv
20 November 2015 at 13:34
my father bought property of 6 acres in 1987 and maid registry on his name 3 acre and 3 acres on name of mothers father.
my mothers father died in 2003 after which by taking the NOC from 2 brothers of my mother and 3 sisters transferred 3 acres on my mothers name .
while transferring noc of 1 of my mothers sister have not taken now she wants his share in that property.
she filled case on my mother as ellegal transfer of property and wants her share in property. case is in revenue department now.
although all other 3 sister and 2 brothers have given there NOC ,affaidavit that property belongs my father, he had merely named property on my mothers father name due to smooth relation with him.
now supreme court judgment that father dead before 2005 then doughters not have right in fathers property.
what shall i do now ?
Godhuli Apartments Owners Asso
20 November 2015 at 10:50
"GODHULI" Apartment is a Multistoried Building at Kolkata consisting of 31 Residential Flats and three rooms facing frontage of the building on the ground floor(which has been described as "SPACE" for decent use only in their respective Conveyance Deed By the Promoter while seliing them to the current owners.There is an Association registered under Companies Act and all the 34 unit holders are its members and abide by its rules and decisions.The Building has been sanctioned by the Local Municipal Corporation as a Residential Premises.The three "Spaces" have been in use for an office, second one as a school dress tailaring unit, and the third as a Readymade Garment Botique, and the life was going on peacefully without any major issue.
Now the Third "Space" Owner has let out his "Space" to an outsider who is re-modelling the entire 800 sft "Space" day-night and the respective owner has in writing advised the association that there will be UNISEX Spa-Saloon-Beauty Parlor Etc Etc to be operated shortly for which all the unit holders have advised the association not to allow any such commercial activity from the Building as they fear loss of dignity-peace-serenity and are afraid/apprehensive about other immoral activities to start which are very commanly associated with such business.
We seek your advise:
01. Is it legal to carry out such business from a building sanctioned for Residential Purpose?
02. Can Other resident and association intervene and ask the owner not to start such business?
03. What shour other resident/association should do to prevent the commencement of business of such nature?
Need opinion urgently.
Thanks In Advance
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