Purchase of agricultural land

Mahek Chheda (Querist) 12 January 2016 This query is : Resolved
Hello Sir,
I am from Mumbai and my servant owns a piece of agricultural land in Gujarat. He wants to buy an adjoining plot but does not have enough funds to buy it. I am not a farmer but willing to fund him.

1. Can we buy it in joint names with a clause that he cannot sell without my permission.

2. If not, is there any other way I can acquire the land? For eg. by forming a company or by leasing it?

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kavksatyanarayana (Expert) 15 January 2016
the adjoining plot may be bought by any person for the value as mutually agreed. and if you have no objection, you may buy that property with joint names with a clause that if either wants to sell their share, it should be to other co-owner only.

K.S.Srinivas (Expert) 24 January 2016
Yes. You can proceed with the buying the land in the joint names with a conditional clause.

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