Distribution of immovable property amongst family member
anil sahoo
(Querist) 22 July 2013
This query is : Resolved
DEAR SIR/ MADAM
IAM ANIL SAHOO FROM DELHI AND I GOT MARRIED ON 12 NOV 2010 NOW BETWEEN ME AND MY WIFE THE DIVORCE CASE IS SUB-JUDICE AND AWAITNG FINAL VERDICT OF COURT. THT HAS BEEN FILED BY ME ON CRUELTY BASIS. NOW AS YOU ALL KNOW THE ORDINANCE IS GOING TO BE PASS ON 5 AUG 2013 IN PARLIAMENT.
1. MY MOTHER IS HAVING 100 YARDS (900 SQ FT) HOUSE WHICH IS ON THE NAME OF MY MOTHER MADE BY MY FATHER.BUT THERE IS NO IMMOVABLE PROPERTY ON MY FATHER'S NAME. BUILT HOUSE HAVING TWO AND HALF FLOORS.
MY QUERIES ARE AS FOLLOWS:-
A. MY MOTHER DESIRES TO TRANSFER GROUND FLOOR ON MY ELDER SISTER'S NAME. SHE IS ALREADY MARRIED AND HAVING 3 KIDS.
B. FIRST FLOOR, SHE WANTED TO SELL IT OUT TO HER SON-IN-LAW AS MY FATHER HAS TAKEN HUGE AMOUNT OF LOAN IN CASH FROM HIM AND UNABLE TO REPAY THE SAME DUE TO LESS SOURCE OF INCOME.
C.REMAINING PORTION OF ONE ROOM SET ON TOP FLOOR ALONG WITH TERRACE + STAIRS WANTED TO KEEP ON HER NAME FOR HER LIFETIME WHICH WILL BE OCCUPIED BY FATHER MOTHER AND MYSELF.
D. IT IS ALL WILL BE DONE ON GPA
E. WHAT WILL BE THE RATE OF PROPERTY WHILE SELLING IT OUT WHETHER IT WILL BE CIRCULAR RATE BY MCD OR MARKET VALUE.
F. PLEASE CLARIFY WHETHER THE AFORESAID DISTRIBUTION / GPA IS IN ORDER AS WE WANTED TO GIVE THE LEAST SHARE OF SUBJECT PROPERTY TO MY WIFE KEEPING IN VIEW WITH FORTHCOMING ORDINANCE.
Adv Archana Deshmukh
(Expert) 22 July 2013
There is no such ordinance, unless the new amendment is actually enacted no body can say anything. However, GPA will not transfer ownership to anyone.
prabhakar singh
(Expert) 22 July 2013
OH! MEDIA!
WHY SO MUCH CHAAT MASALA TO TROUBLE US?
Adv Archana Deshmukh
(Expert) 22 July 2013
Lots and lots of queries even before the bill is passed........ who knows whether it will be passed and if passed it will come in what form it will come out?
Rajendra K Goyal
(Expert) 23 July 2013
GPA does not transfer ownership to any one. The bill has not passed yet.
Raj Kumar Makkad
(Expert) 23 July 2013
Your mother is free to transfer her share as per her free will and whims as the same is no an ancestral property so nothing to worry. so far new proposed Act is concerned, you need to wait for some more days.
