Law chamber

 PAVANANJAYA

 19 Years Exp

 Partition of Land And Property (Show More)

 Dakshina Kannada , Kodiyalbail

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Partition of Land and Property

Ancestral Property, even when being guided by the Inheritance laws of the land, can pose problems if it makes you the co-owner with some other relative. Things related to property ownership get more complicated if an overseas citizen happens to find himself in dispute with the person who currently has possession of the property - most likely somebody who would prefer if he could get the authority to control, manage or even sell the relevant share in the land.

WHERE DOES THE HELPLESS NRI GO FROM HERE THEN?
WHO GIVES HIM SUBSTANTIAL, TRUSTWORTHY, DETAILED PROPERTY INFORMATION?
WHAT PROCESS DOES HE FOLLOW?
WHO WILL ANSWER HIS SIMPLE QUERIES?
QUITE SIMPLY, WHAT EXACTLY DOES HE DO?

In situations like these, filing of a Partition Suit is the best legal remedy available for an NRI or overseas citizen. Partition of the joint land/property is a mandatory step for effective management and control of the property in India. This could be ancestral land, a house or a commercial establishment that has been co-inherited along with siblings and other co-owners. In all cases, joint ownership of property would put an individual in a vulnerable position.

It is indeed possible to file and be suitably represented in a partition suit with the help of a legal representative even without being actually present in India. We, at Propertified, offer our clients this service. Our experience, both in years and number of clients, puts us in an undeniably advanced position to facilitate such procedures for all our patrons.

Ancestral Property, even when being guided by the Inheritance laws of the land, can pose problems if it makes an individual the co-owner with some other relative. Things related to property ownership get more complicated if an overseas citizen happens to find himself in dispute with the person who currently has possession of the property - most likely somebody who would prefer to get the authority to control, manage or even sell the relevant share in the land. For NRIs this kind of a situation can become worse since they are not able to monitor or check into land related issues on a regular basis. They are helpless because of the distance and unfamiliarity with the legal processes. Moreover, it is not always easy to get substantial, trustworthy, detailed property information and decided which course of action is necessary to follow. Sometimes their simple queries go unanswered and they are left clueless about the magnitude or nature of the problem.

In situations like these, filing of a Partition Suit is the best legal remedy available for an NRI or overseas citizen. Partition of the joint land/property is a mandatory step for effective management and control of the property in India. This could be ancestral land, a house or a commercial establishment that has been co-inherited along with siblings and other co-owners. In all cases, joint ownership of property would put an individual in a vulnerable position.

It is indeed possible to file and be suitably represented in a partition suit with the help of a legal representative even without being actually present in India. We, at Propertified, offer our clients this service. Our experience, both in years and number of clients, puts us in an undeniably advanced position to facilitate such procedures for all our patrons.


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Name : PAVANANJAYA

Law Firm Name : Law chamber

Country : India

City : Dakshina Kannada

State : KARNATAKA

Practicing Since: 2006

About Your Firm : I am practicing since 2006 as a civil Advocate in Mangalore I am handling civil Matters M.C Cases , Consumer cases Registration work Revenue work, Legal Opinion etc

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Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok