Business Studies, asked by Gourav5095, 6 months ago

Mr. Sooraj sold 10 acres of his agricultural land to Mr. Murli on 25th September 2019 for Rs. 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. Chander, son of the seller for carrying out farming or other activity of his choice. On 12th October, 2019, Mr. Sooraj died leaving behind his son and wife. On 15th October, 2019 Mr. Murli started construction of an auditorium on the whole 10 acres of land and denied any land to Mr. Chander. Now Mr. Chander wants to file a case against Mr. Murli and get a suitable remedy. Discuss the above in light of provisions of Indian Contract Act, 1872 and decide upon Mr. Chander's plan of action?

Answers

Answered by Anonymous
19

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. 

Hope This will help you

❤❤❤

Mark me as brainliest if possible

Answered by ayushkumarpanigrahi
2

Answer:

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. 

PLEASE MARK AS BRAINLIEST

Similar questions