Compensation for surrender of property
raj manwani
(Querist) 24 March 2012
This query is : Open
hello friends,
I have a query regarding compensation entitlement.....
we are in the possession of our ancestral property (Property of my fathers BUA)from the very inception of it. before 20 years around ,the concerned property owned by my fathers aunt(BUAJI,she is married)
)was trasferd by her to my father& to her two bhatijas.
all three of them then sold it to a person with the agreement that the possession will be handed over to the buyer after the death of buaji only.
In 2003 she was no more and then my dadaji was in the possession of the house.
in 2010 he was no more and from that period the possession is ours.
as the house is memory for us as the whole childhood of my papa were spend over there.
it is emotionally precious for us.... I just don't want to surrender the possession of that home...
what are my rights as at the time of death buaji transfer d her all rights and movables in favour of me.....
as party to sell was my father also.
plz explain...all the rights that may be ours as per indian law