Querist :
Anonymous
(Querist) 12 July 2011
This query is : Resolved
Same plot was registered to two persons and we want to compromise between us. The other party wants to give up his rights in my favour. What type of deed we should enter? He doesnot want to pay tax according to market value but ready to pay on the consideration he is going to receive. Please help me and provide a draft deed copy of the same.
prabhakar singh
(Expert) 12 July 2011
your facts lack details.It can not happen,unless same seller sale the same plot to two persons.
vishal
(Expert) 12 July 2011
prepare the Deed of Cancellation of Sale Deed in respect of your property executed by and between other party and seller and get it registered before the concern registrar.
prabhakar singh
(Expert) 12 July 2011
advise of Mr.vishal may turn fruitless if your own deed was executed earlier in point of time,the second one would be void for want of authority,as title already passed to you.This is why i am not ready to anticipate without facts.
Advocate. Arunagiri
(Expert) 12 July 2011
The second sale deed executed by the seller is illegal.
Example: A sells a property x in 2005. A sells the same property to y in 2006.
The sale of property to y is illegal. X is the legal owner.
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