Buying of agricultural property
jayalaxmi
(Querist) 06 March 2012
This query is : Resolved
If I enter in to ‘Agreement to sell’ for the purchase of the agricultural property, does this violates section 79A and B of the LR Act. In the agreement to sell, I am saying that I will obtain the sale deed after the conversion of the property. In this executable contracts. Does it violate the law and becomes void. The sellers have received the consideration. I am not an agriculturist. I need case laws.
3. If I enter in to a sale deed for the purchase of the agricultural property, it violates section 79A and B of the LR Act since I am not an agriculturist. Then what is the remedy, does the government forfeit the land or what will it do.? Pl see the sections.
Sankaranarayanan
(Expert) 06 March 2012
Beter to approach local lawyer and follow accordingly
ESTHERPRIYA
(Expert) 08 March 2012
No you can buy agricultural land but need to draft in such a way if you require exemption or if you don't require exemption then dont write it as agricultural land. Then you can itself can do the conversion or as per agreement can ask sellers to make it.
No such forfeiture will be done by government for this purpose. Only thing is that if you dont convert and use it for other purposes you will be issued notice from the government officers.
