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Vimal R   04 November 2020

Minors Legality

If the seller's son or daughter is a minor, do we need to get their signature to buy a property (ancestral property) from him/her?

Will that signature be valid, as they are minors?

Do we need to deposit a part of buying money to the minors?

Secondary, if the seller's wife is pregnant, should that be considered, and how to follow up in buying the property?

Please advise


 5 Replies

G.L.N. Prasad (Retired employee.)     04 November 2020

In case of complicated issues, as you are investing life long savings heavily in  that property, always seek local advocate opinion, and let the deed be drafted by him, clearly informing that the sale is for necessities of minor etc.

P. Venu (Advocate)     04 November 2020

Perhaps, first point to be settled is whether the point is  ancestral or otherwise. Please post material facts as to how the property is considered to be ancestral

 

Vimal R   04 November 2020

In 1921, the Grandfather died, the property then moved to Father and his sons. Father died on 1959 and sons have sold it to a third party in 2008. Right now we are buying from that 3rd party in 2020.

Missing documents as per the Local Lawer, are Grand Father's Death Certificate (1950), His legal heir/Succession Certificate and the Father's Legal Heir/Succession Certificate.

Do we have to verify those old documents, when we buy from the 3rd party in 2020?

Kindly advise me...Thanks

Dr J C Vashista (Lawyer)     04 November 2020

Instead of setting a question paper be specific to your query, if any.

P. Venu (Advocate)     04 November 2020

The facts posted are inconsistent.


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