Leasehold property

Harjeet Narang (Querist) 20 May 2012 This query is : Resolved
What's an alternative, if someone wants to purchase/sell a lease hold property, which under unavoidable circumstances, cannot be freehold.

Are there any papers in place, which can work as an alternative of sale deed ?

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Adv.R.P.Chugh (Expert) 20 May 2012
Dear Mr.Narang,

The Supreme has ruled in a landmark decision in Oct.2011 - that sale/purchase of leasehold property can be by way of a 'registered assignment of lease' only, after which the subsequent owner may apply for freehold.

Feel free to talk !

M/s. Y-not legal services (Expert) 20 May 2012
i am also endorse the view of my friend mr.bharat..

-tom-

ashutosh mishra (Expert) 20 May 2012
Dear Mr.Narang!
Brother Bharat has solved your problem.

DEFENSE ADVOCATE.-firmaction@g (Expert) 20 May 2012
The SC citation on registration of sale deeds given in Oct 2011 is entirely on different perspectives.

Please discuss it with particular wordings applicable to the query.

Raj Kumar Makkad (Expert) 20 May 2012
If a leasehold property cannot be sold due to some unavoidable circumstances then there is no any alternative of the registered sale-deed. All loopholes have already been closed by legal pronouncements.