Anonymous
19 July 2020 at 19:37
Hello,
I have 3 lakhs loan against my property in bank and is going to get complete within 2 years. I am paying properly. Now can I gift the half portion of my property to my own brother, it is immovable property and he had released his part to me for loan sake. Now I want to give his part to him. Can I?
Anonymous
19 July 2020 at 00:57
I leave in a flat which is in my parents name they bought it for me.
They leave in other town.
but Ii have my name plate on the Housing society nameplate.My parents have no objection with this.
Some people from society committee are telling and say that i have to change my name plate as per the owner name
Kindly guide me through a legal process to sort this thing
Anonymous
17 July 2020 at 20:20
Dear Legal Fraternity.
One of my friends has purchased a property admeasuring 400 Sq. Yds. in Hyderabad from a Company which is engaged in Real Estate Company and the Company has executed Sale Deed in favour of my friend and later handed over the original sale deed.
Now after some period my friend has offered to sell 300 Sq. ( out of 400 Sq. Yds.) to another person and agreed to execute Sale Deed in his favour and retain balance 100 Sq. Yds. (may be for sale in future).
Now my query is :
1. To whom should the Original Sale Deed document of 400 Sq. Yds. be handed over ?
2. Should it be handed over to the first person who will be getting registered for 300 Sq. Yds. or to the prospective customer who will purchase 100 Sq. Yds. in future because the first purchaser is asking my friend to hand over the original sale deed of 400 sq.yds.
3. Is it necessary to hand over the Original Sale Deed to the purchasers at all ?
What does the Transfer of Property Act , 1882 say in this regard or under any other law ?
If there is any material or judgement on these issues , plz share the kink because I am a layman on this subject.
Thank You.
Advocate Dhrutidhara Shah
16 July 2020 at 17:05
If the agricutural land is purchased and then NA permission is taken. But the entry in 7/12 records shows that the land is still agricultural land then what will be the process to show non agricultural land?
Tamilselvan R Gounder
16 July 2020 at 15:58
My Grandfather(My Mom's Father) has Inherited Property, After his dead, my GrandMa(My Mom's Mom) done the dhana settlement of that property to My Mom (3rd daughter) and 3rd daughter taking care on her mom. No sons Only 3 daughters for My GrandPa. The 1st daughter is signed as witness in the document and the property registered to my Mom name and have Patta. Here My Questions are:
1. We(3rd daughter) planned to sell the property, if she sold, even after the 1st or 2nd daughter claim their
share?
2. Is it Possible that the other two daughters can claim the property share?
sambhavi sekhar
15 July 2020 at 23:15
Hello sir/madam, we have a land in Hyderabad which is registered as a housing board society. The extent of the total land is 3100 square yards.we are 10 land owners for this total land..the government authorities have claimed that this land comes under the urban land ceiling act also known as ULC and are demanding us to pay around 50 percent of the total card value. We are in harm's way because of this and unable to sell or develop the same.is this a genuine thing which has to be played? Please help me out with the details. Thanks in advance.
Deepak
15 July 2020 at 21:42
Hi
We have purchased the flat in Thane (Mumbai) and have paid the token money INR 51000 in the month of Feb'20 & subsequently on 15th Feb'20 he transfered Rs. 7 Lacs to Seller bank account.
On 6th March'20 we have paid the stamp duty and registration fees to the government and generate the challans. On 9th march we schedule the registration but due to some personal work we cancel the registration and reschedule the same on 14th March which was cancelled by the seller due to his personal reason. and thereafter due to lockdown we could not able to do the registration. From 1st June'20 registration offices are open hence we contacted to seller but he is not ready to come for registration due to fear of corona. Since last 1.5 month we are following up with him for registration but he is not ready to come. He is staying in the same area where registration office is located. (approx 300 mtr from registration office). we have not done MOU & token receipt as well.
Now we want to cancel the deal & we want our money refund with interest if the seller is not ready to complete the deal on or before 14th August.20. Kindly advice.
1) Should we need to sign the MOU?
2) If we need to sign the MOU then what will be the conditions to be mention in MOU.
Thanks in Advance
JOPHY
15 July 2020 at 10:59
I have visited several times to Shanti pura Panchayat Office comes under Bangalore ,Electronic City to get E-Khata name transfer is done.
Ideally this should have been done in one month of time, but, it is almost 15 days they are not entering the details in the system. I have submitted all the documents to a staff (Sadashiv) . Later I met PDO (James M) and expressed my dilemma and however no further action has taken.
Every time they make one and other excuses.
I have been visitng the panchayat every alternative day and they started telling excuse that server is down since last 15 days and asked me to come another day.
At least they should have entered the details into system by then I am planning to sell my apartment and already taken advance from the buyer. I am not sure what to do next as things are not moving and worried that the apartment selling might be get cancelled .
Please suggest me
Jophy
P. Venu
14 July 2020 at 16:28
An agreement has finalised for purchase of 15 cents of land and advance of Rs. 5 lakhs have been made. The property belonged to the late mother. Father had predeceased her. Two sons and two daughters are the legal heirs. Of this, one son went missing more than thirty years ago. In a civil action filed by the son, the Munsiff court has declared the presumption of death of the missing son based on the provisions of Section 108 of the Evidnce Act and has held his share in the property to be partible among the other siblings. Accordingly, the Court has issued the preliminary decree as to the share of the remaining legal heirs. Based on the preliminary decree, the revenue records have been mutated in their names. The agreement is jointly with all of them and the conveyance deed is to be executed by them jointly.
However, the Banks, who have been informally consulted, have expressed their inability to sanction any loan against the property. They are apprehensive that the missing son may return and claim his share. How the Banks and their legal advisors could be convinced of the finality and certainty of the decree? Are there any decided cases?
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How to object and defend e-auction
Dear Experts,
I want to have a suggestion from you, for the below problem.
M/S Prashanth Enterprises, is a Registered Partnership Firm, having three partners, who are family members.
They purchased a land in the name of M/S Prashanth Enterprises. They have taken a loan from Axis Bank, and executed a registered Document namely " Deposit of Title Deeds and obtained loan.
According to them( M/S Prashanth Enterprises) they have closed this Partnership Company and started another company ie., M/S Anuragh Products Pvt Ltd., having the same Partners, who are here as Directors. Since they have failed to pay the amount to the bank, the bank made an e-auction mentioned the Borrower name is M/S Anuragh Products Pvt Ltd., for recovery of the loan amount.
While running M/S Prashanth Enterprises, they took material from M/ Raju Associates on credit basis and failed to pay their due amount. and thus M/S Raju Associates filed a suit for recovery of the due amount and got obtained an Exparte Decree, 2 years back, which was not enforced by filing EP as of this day, by its own reasons. Now they want to file EP.
1.So My doubt is : how M/S Raju Associates, objects and stop the e-auction.
2. How the e-auction is maintainable since the loan taken and the property stands in the name of M/S Prashanth Enterprises and whereas the bank is shown as M/S Anuragh Products Pvt Ltd., is a borrower.
Plz. suggest. I am for M/S raju Associates.
Thanks u Sir.
.