Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Praveen Reddy   09 March 2019

Can I buy or sell or take loan a property with false case against it ? Can I register a property under litigation ?

can I buy or sell or take loan a property with false case against it ?

can I register a property under litigation ?



Learning

 5 Replies

Siddharth Srivastava (Advocate)     09 March 2019

Whether a case is false or not let it be decided by court. As such there is no bar in selling property under litigation but it is law that out come of case will affect such sale means that court order shall be applicable on such property.

Shashi Dhara   09 March 2019

U haveto be ready to face consequences which may be far or against u in future.

SIVARAMAPRASAD KAPPAGANTU (Retired Manager)     10 March 2019

I just do not understand, what is your compulson to purchase such a property.  In case you wish to purchase with Bank loan, do not think that Banks get the matter thoroughly investigated through their Panel Lawyer. 

 

Whey to invite trouble trying to purchase a property which is in litigation?


(Guest)
Doctrine of Lis pendens shall be applicable and you shall be at your own.peril if you purchase such property.

P. Venu (Advocate)     10 March 2019

The granting of the loan is at the discretion of the lender. Of course, you can purchase the property; the risks are patent..


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register