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Deshmukh M R (QA)     03 June 2014

I am planing to buying a farm land from a power holder,

I am planing to buying a farm land from a power holder,
which has two owners, one is the power holder and another is his brother.
But Power holder brother and his wife both are dead and they have two minor child behind them.

Kindly advise whether I can go ahead buying the property or any work around for this. End of the day I should not suffer from Minor's claim on ownership.



 1 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     03 June 2014

  • Check the seller has all the legal documents related to property. If you can’t check it yourself, do it from a lawyer. This will prevents you to put in any trouble later.
  • The most important is the title clear of the property. Make sure about it as with unclear property title you can’t get home loan from any financial institute.
  • Ask for all the required documents which show property is free from any liability. And make sure all layout plans of building are approved & registered by government.
  • Make sure any outstanding liabilities (if any like mortgage exists) are cleared by seller.
  • Make sure all the facilities like electricity, water along with parking, location, connection with all roads are perfect.
  •  

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