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Nikhil sonawane   12 September 2018 at 23:00

About mpid act 1999

Respected sir I have purchased a agriculture land in 2014....by sale deed....I get the possession...but on 7/12 extract there is still old owner name and the old owner has done some fraud in bank hence there is message on 7/12 extract that the transfer to this land are prohibited from 2016 what can I do to get my name on 7/12 extract suggestion sir

Pratham   12 September 2018 at 21:26

Will of inherited property

Can a person is able to make a will of inherited property.i mean this property is not recived by will.

Anonymous   12 September 2018 at 18:33

Capital gain tax

Sir / Madam,
My father-in-law aged 83, has sold a property for 45 lacs. He has divided this amount equally and gifted this to his two sons equally. Both his sons have purchased their own individual residential properties. Is my father-in-law liable to pay any tax for the amount received. He has given both the sons 22.5 lacs each by cheque through gift deed. Please guide.

Jitendra   12 September 2018 at 17:38

I have paid token money 16k to future flat owner

Hi Team,
I would like to inform you that I have seen a flat and finalized without even site visit and given token amount of 16K on the basis of pics.
Flat condition was like Flat was going to vacate on 23rd September 2018.
After 2-3 days due to financial medical emergency in my family i said to my owner that i think i can not go with deal or you have to give me some flexibility to submit deposit amount.
Like 20K i will deposit once i move in and rest 30K would give in 3 months as an EMI. 10K each month.
I have given token amount on 4th Sep 2018 via Netbanking. and family emergency i have informed him on 11th Sep 2018. Please take a note previous tenant is still in his flat.
So he said he would discuss to his wife and come back to me. Meanwhile i was in urgent need of money i applied for personal loan and thought to pay deposit at once once i move in.
He discussed with his wife and on 12th he is saying to me that he can not give me flat.
So he would deduct the money till how many days he has hold that flat for me.
it means from 4th September to 11th September but my point his tenant is yet to vacate that flat on 22nd September what he has hold for me.
And also now I am ready to pay entire amount because my personal loan got sanctioned. However he is not willing to give me flat and also trying to deduct my money what is my fault. Why my money should be deducted.
I am willing to pay the said amount at his terms. Now he is declining to give me flat.

Please suggest what i can do to either get my money without deduction or to get flat on rent.

Thanks
Jitendra

Dayananda   12 September 2018 at 01:50

Apartment Maintenance Charges for unsold flats

Respected Sirs, Our apartment consists of 184 flats and we are in the end of first year. The builder had collected one full year maintenance charges in the beginning itself at Rs.25/sqft. When they began the maintenance only 74 flats were sold, following month 80 flats, likewise till the 12th month 160 flats were sold out of the total 184 flats. Still another 24 flats are left unsold. Now the question is that the builder is distributing the monthly expenses amongst only the sold flats month wise. He is not considering the unsold flats while distributing the costs when there are many fixed costs like Security Charges, salaries to gardener, plumber, electrician, manager, housekeeping staff, etc. Even though the above costs were common for the entire 184 flats whether sold or unsold, the builder is not willing to bare the cost apportionment of the unsold flats and passing the full cost on the month wise registered owners. Please advise your opinion whether this is correct. Our apartment is at Bangalore and the association is yet to be registered.

SOMENDRA SINGH   11 September 2018 at 21:20

Sale agreement execution

I have executed one agreement for sale upon Rs. 100/- stamp paper for purchase of Duplex from a partnership firm. When I approached Bank for loan then I get to know that said property is not in the name of partnership firm and was just inducted by one of the partner as capital. Actually it is in the name of one of the partner. now Bank is denying from finance and the partner whose name the property is denying to sign the sale agreement on individually due to avoid capital gain tax. What should I do.

bipin patel   11 September 2018 at 18:53

To convert new tenure land into old tenure land

We have land having new tenure in Gujarat , we would like to convert it into old tenure. Let us know the procedure in this respect and the expenses incurred for the same .

I have come to know that new tenure land can be converted into old tenure without any govt.premium after 15years of ownership .. Is it true ??

The same land was on my father name since 2008 and we entered our names in 7/12 in 2017. What should we do to convert the land..
Thanks

SOMENDRA SINGH   11 September 2018 at 08:07

Execution of agreement for sale

M/s ABC is developing a particular piece of land in Jhansi. Firm is registered with Local Samiti. Firm's partner Mr. A & Mr. B have jointly purchased a land on 2005 and immediately form a partnership firm and introduced the land as Capital in the Firm. Later on Mr. C & Mr. D joined the Firm M/s ABC. I further clarify that there is no mutation deed executed in the name of M/s ABC and land is still showing in the name of Mr. A & Mr. B jointly.

Now firm is developing the same piece of land and selling Duplex. but in the sale agreement Mr. A & Mr. B is signing under the partnership firm's stamp viz.- M/s ABC. Kindly advise me whether I can purchase such duplex. I have approached one of the nationalised bank, they have advised that mutation should be done in this case.

Nikhil sonawane   11 September 2018 at 02:21

Mutation entry

Respected sir,my name is Nikhil sonawane my mother purchased a agreeculture land in 2014....by sale deed.we get the possession but mutation entry was not made hence we applied for mutation entry in 2017 but our application was rejected and the error was noc of land aquision officer needed?my quetion is only that in what circumstances does non objection certificate of land aquision officer is needed....

Anonymous   10 September 2018 at 23:04

Execution of agreement for sale

M/s ABC is developing a particular piece of land in Jhansi. Firm is registered with kshatriya samiti. Firm's partner Mr. A & Mr. B have jointly purchased a land on 2005 and immediately form a partnership firm and introduced the land as Capital in the Firm. Later on Mr. C & Mr. D joined the Firm M/s ABC. I further clarify that there is no mutation deed executed in the name of M/s ABC and land is still showing in the name of Mr. A & Mr. B jointly.

Now firm is developing the same piece of land and selling Duplex. but in the sale agreement Mr. A & Mr. B is signing under the partnership firm's stamp viz.- M/s ABC. Kindly advise me whether I can purchase such duplex. I have approached one of the nationalised bank, they have advised that mutation should be done in this case,