Mr. Sohanlal sold 10 acres of his agricultural land to Mr. Mohanlal on
25th September 2018 for * 25 Lakhs. The Property papers mentioned a
condition, amongst other details, that whosoever purchases the land is free to
use 9 acres as per his choice but the remaining 1 acre has to be allowed to be
used by Mr. Chotelal, son of the seller for carrying out farming or other
activity of his choice. On 12th Oct 2018, Mr. Sohanlal died leaving behind his
son and wife. On 15th Oct 2018 purchaser started construction of an
auditorium on the whole 10 acres of land and denied any land to the son
Now Mr. Chotelal wants to file a case against the purchaser and get a suitable
redressed. Discuss the above in light of provisions of Indian Contract Act,
1872 and decide upon Mr. Chotelal's plan of action?
Answers
Answer:
Death Certificate.
Copy of Will or Succession Certificate.
Indemnity bond on stamp paper of requisite value.
Affidavit on stamp paper of requisite value attested by a Notary.
Receipt of up-to-date property tax payment in case of Power of Attorney.
Explanation:
Investing in a home almost always requires financial commitments that can continue for at least a couple of decades. Considering the magnitude of the commitment, it is critical that the decision must be safeguarded by the meticulous maintenance of records pertaining to the property in question. In order to ensure that these property records are updated correctly during transfer of ownership, the registration of the home must be done right.
Registration of property in India falls under section 17 of the Registration Act 1908. The aim of the Act is to make sure that the transaction in question has all the correct information and that legal records of the same are maintained.
When you’ve found a house you wish to buy and you’re ready to register the same in your name, you may want to check if the following things are in order.