Trust property
Lawstudent5
(Querist) 17 November 2012
This query is : Open
A piece of land has been given on rent to us in 1992 by a community trust. At that time a small structure was there on that land, which was also given on to us. However, the ownership rights of that structure had been entrusted to us through a separate sale deed. we have been paying the rent regularly since then to the present date. Thereafter in 2001, we built a new structure on that land with all the permissions from the Nagar Palika and the president of the trust. Now we want to sell the structure.
Further, the rent deed has a clause which says that in the event of the vacation of the land, if the trust wants to buy our structure on market price, we have to give first preference to them. We had sent a offer letter to them through registered ad declaring our intention to sell the structure but they did not reply to our letter. Can we sell that structure to some one else, considering the trust did not reply to our letter?
