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S Srikant (Director)     14 July 2014

Partitioning a land before purchase

Hi

Three of us (including myself) are interested in purchasing a piece of land which is completely owned by a single person. Since we would like individual sale deeds (for bank loan purposes) we would like to partition the plot into 3 with a common area for passage to each plot. Please suggest the best way to go about this.



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 1 Replies

Lawyer SALEEMA (Advocate Madras High Court & Legal Consultant Chennai Law in Law Firm. +91-9698884779)     14 July 2014

You can proceed as you stated. There is no legal bar or consequences in transferring the title.

 

However, you have to ascertain whether the such division will make any hindrance in obtaining approvals from the concerned authorities.


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