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Posts Tagged ‘property transfer’

Can a new owner of the flat become a member of the Co-operative Housing Society?

Posted in Indian Property, Indian Real Estate, legal, Mumbai, Possession, Property Registration, Residential Property, Transfer, tagged , , , , , , , , on September 28, 2011| Leave a Comment »

Question asked from Mr. Ankur Pathak from Mumbai, India:
I have a question regarding the above as follows:
In a newly formed Cooperative Housing Society (CHS), where share certificates have not been issued to any flat owner, a flat owner registers his agreement with the builder after the CHS registration date.
He then sells the flat to another individual after a couple of months. As Share certificates have not been issued by the CHS to any members yet, can the new owner of the flat become a member of the CHS (despite the previous owner not owning the flat for a period of at least one year)?
Request your valuable advice on this matter.

Thanks
Ankur Pathak

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Is there any Rule in By-Laws of the Maharashtra co-op housing society when mother wants to transfer his flat to son through a Gift-Deed ?

Posted in Indian Property, Indian Real Estate, legal, Mumbai, Possession, Property Registration, Residential Property, Sale Deed, Transfer, tagged , , , , , , on September 28, 2011| Leave a Comment »

Question asked from Mr. Shailendra Patole from Mumbai, India:
I am from Mumbai; my query is regarding Gift-Deed. I am staying along with my mother in co-op housing soc in Mumbai. The flat owner is my mother; recently my mother gifted me the said flat to me by Registering the Gift-deed in Chembur, Mumbai Registrar office (By paying Stamp-duty & Registration fees). She has submitted the copy of Deed to the Society Chairman & Secretary for further Transfer of Flat to my Name.
But the society committee is saying to pay Transfer Premium of Rs.25000 & Donation (separate amount) to the society for completing this request. In this regard I want to know, Is there any Rule in By-Laws of the Maharashtra co-op housing society when mother wants to transfer his flat to son through a Gift-Deed ?
What By-law says?

Thanks
Shailendra Patole

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What are the ways to safeguard one’s interest to any future claims on the property post his acquisition?

Posted in Buy Real Estate, India, Indian Property, Indian Real Estate, legal, Real Estate, Residential Property, tagged , , , , , , , on September 28, 2011| Leave a Comment »

Question asked from Mr. Ravi from India:
Hi, I am interested in buying a property to which the Original Agreement between the builder and the current owner has been lost and as it is an old property it has not been not registered. The Society documents cite the owner as the occupant via maintenance bills. What are the ways/ routes available to safeguard my interest to any future claims on the property post my acquisition?

Thanks
Ravi

 

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In case of non-declaration of will, who is the legal hire of a property after the death of parents & siblings?

Posted in India, Indian Property, Indian Real Estate, Legal heirs, Property Registration, Real Estate, Registration, Residential Property, Transfer, tagged , , , , on June 27, 2009| Leave a Comment »

Question asked by Ms. Esha Arora from Ghaziabad:

Dear Mam,
This is Eash. I live in Ghaziabad and I need your advice on Transfer of property. We are five Brothers & One Sister. We have a Free hold Land Approximate 350-400 Sq. ft. in Ghaziabad (Uttar Pradesh). The Land (Registry) is in name of my father & one of my brother. Except me rest of the brother & my father has been expired. My sister is also widow.
Please let me know, who is a legal hire of property is after death of Parents & Sibling in case of non declaration of willpower, the registry of properly was in name of my father & one of my brothers. How can I get the ownership transferred in my name? Please let me know who will be the owner of property after the death of our father. Please advise me what is to be done next.
I & my younger brother living in that property (House) from the day we purchased that property, now last month my brother died. Now my family & my younger brother wife & her daughter are living in that house.
Thanks & Regards
Esha
Ghaziabad

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How Can A Gift Deed Be Made In The Name Of An OCI?

Posted in atoneplace.com, India, Indian Property, Indian Real Estate, Real Estate, Real estate legal india atOnePlace.com, Residential Property, Transfer, tagged , , , , , , , , on March 16, 2009| Leave a Comment »

Question asked by Mr. Visu Soga from Canada:
Hi, I have become a Canadian citizen now. Applying for OCI. My mother wanted to gift a land on my name. How can she do and do I require to be present physically for registration.
Kindly advice.
Visu

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Can A Property Be Transferred Through A Gift Deed?

Posted in atoneplace.com, Bangalore, banglore, Bank, India, Indian Property, Indian Real Estate, Jurisdiction, Karnataka, legal, Legal heirs, Loan, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Residential Property, Transfer, tagged , , , , , , , , , on March 6, 2009| Leave a Comment »

Question asked by Mr. Sathish HM from Bangalore:
Hi Mam, I am Sathish H M, presently living in Bangalore-Karnataka.
My Question is, My father having a house that is in his name (Sole owner), we have two brother (elder brother), my father wants to transfer his house to my name through Gift Deed.
Any legal problems creating by my elder brother after transfer the property to my name.
Please tell me if is it possible to do the GIFT DEED without property documents, because documents are pledged in a Bank for House Loan in my Father name.
If it possible what the procedure I have to do, please advice me.
Regards
Sathish

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Can a gift deed be turned down if the donee has not accepted it?

Posted in atoneplace.com, Buy Real Estate, Gift deed, India, Indian Property, Indian Real Estate, legal, NRI, Real Estate, Real estate legal india atOnePlace.com, Residential Property, Transfer, tagged , , , , on December 16, 2008| Leave a Comment »

Question asked by Mr B. Kannabiran from USA:
Dear Sir, I am a NRI working abroad for the last four years. I recently purchased a plot of land in Tamil Nadu, India through my Father- in- Law. At the time of purchase I did not know about executing a power of attorney in his favor for the purchase. Hence the plot was purchased in his name which he later transferred in my wife’s name. The transfer to my wife was done as a gift and this deed is duly registered in Tamil Nadu (However, there is no acceptance of the gift by my wife in the gift document).  My concern here is that as per the Transfer of Property Act, a gift is complete only when it is accepted by the donee. In this case there is no acceptance of the gift by my wife. I want to know how her acceptance can be legally established by us now. 

Thank you for sparing your time. 

Best regards, 

Kannabiran 

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