Law chamber

 PAVANANJAYA

 19 Years Exp

 Succession Certificate (Show More)

 Dakshina Kannada , Kodiyalbail

 View Answers by this Partner (0)

 Profile Views : 59452

Information


Overview

Succession Certificate is a document which is issued by the court specifically for claiming movable properties by the successors of the deceased person. Mostly Banks don't release funds or FDs without a Succession certificate granted to the successor. It is applied for movable assets like bank deposits, FDs etc. It is issued by a civil court to the legal heirs of the deceased person. If a person dies 'intestate', (without leaving a Will) a succession certificate can be granted by the Civil Court to release the debts and securities of the deceased person. It establishes the legitimacy of the heirs of the deceased and gives them the authority to get the deposits and other assets transferred in their own names. It is issued on the basis of the applicable laws of inheritance on an application filed by the beneficiaries in court of relevant jurisdiction.

Anything related to property disputes doesn't just end with information on land or buying / selling.

The dilemma

    Even if an overseas citizen were to know details about land that he thinks belongs to him, in many cases he finds himself in a situation where either parent or an uncle / aunt has died without making a legal will.
    Just knowing that a piece of land is his cannot help much - proper documentation is needed to assert a claim.
    There are rules that determine the manner in which property of the deceased is passed on to the heirs.
    It is not easy for him to understand how to get legal heir certificates.

The solution

    The first step for any beneficiary is to file for a 'Succession Certificate' in the same court within whose jurisdiction the deceased person resided, to inherit the assets of the deceased or even get them transferred in his name.
    The Succession Certificate procedure implies that the court grants a document/certificate to establish the authenticity of the petitioner and gives him the authority to have the assets transferred in his name-along with the authority, the beneficiary will also carry with him the full responsibility and liability of honoring any debt or security attached to that particular property.
    For any application made by a beneficiary to a court of competent jurisdiction, the Succession Certificate procedures for immovable property in all the cases is issued as per the applicable laws of inheritance.


Can't read the image? click here to refresh.

Enter the code :

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

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Land Sourcing ( Commercial complex )
  Packages ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Packages ( Residential Layout )
  Project Approvals ( Conversion of Land )
  Packages ( Villa Project )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Packages ( Commercial complex )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Legal Opinion/Title Certification ( Residential Layout )
  Power of Attorneys ( Drafting General Power of Attorney )
  Legal Opinion/Title Certification ( Villa Project )
  Forming Owners Associations/Societies ( Apartments )
  Legal Opinion/Title Certification ( Commercial complex )
  Land Sourcing ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Land Sourcing ( Residential Layout )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Land Sourcing ( Villa Project )
  Agreements/Deeds(Bulk) ( Agreement of Sale )

 Legal & Drafting

  Lease/Rental Agreements ( Apartment Rental Agreement )
  Construction Approvals ( Commercial )
  Affidavits ( Personal Affidavits )
  Lease/Rental Agreements ( NOC From Landlord )
  Legal Opinion (Written) ( Revenue/Other Site )
  Agreements/Deeds ( Release Deed )
  Property & Documents Inspection ( Agriculture Land Inspection )
  Procure Revenue Documents ( Mutation )
  Lease/Rental Agreements ( House Rental agreement )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Wills ( Make A will )
  Affidavits ( Student Affidavits )
  Lease/Rental Agreements ( Other Lease/Rental Agreements )
  Agreements/Deeds ( Agreement of Sale )
  Agreements/Deeds ( Partition Deed )
  Property & Documents Inspection ( Industrial / Commercial Inspection )
  Procure Revenue Documents ( Electricity Bill Name Transfer )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Affidavits ( Passport Affidavits )
  Consultation on Property ( Property Buying )
  Agreements/Deeds ( Construction Agreement )
  Agreements/Deeds ( Memorandum of Understanding )
  Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Packages ( Sale Agreement to Registration (Apartment) )
  Affidavits ( Gas Affidavits )
  Consultation on Property ( Property Selling )
  Agreements/Deeds ( Sale deed )
  Registration Assistance ( Plot )
  Procure Revenue Documents ( Certified copy of revenue document )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Packages ( Legal Opinion to Registration (Apartment) )
  Wills ( Make A Codicil )
  Affidavits ( General Affidavits )
  Procure Revenue Documents ( Encumbrance Certificate )
  Agreements/Deeds ( Gift Deed )
  Registration Assistance ( Apartment )
  Procure Revenue Documents ( Certified copy of registered GPA/SPA )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Legal Opinion (Written) ( Plots )
  Notary & Attestation Services ( Get A Document Notarised )
  Affidavits ( Other Affidavits )
  Procure Revenue Documents ( Khata Extract )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Registration Assistance ( Villas )
  Procure Revenue Documents ( Certified copy of registered documents )
  Lease/Rental Agreements ( Room Rental Agreement )
  Legal Opinion (Written) ( Apartment )
  Notary & Attestation Services ( Gazetted Officer Attestation )
  e-stamp paper ( Get E-stamp paper )
  Procure Revenue Documents ( Khata Certificate )
  Agreements/Deeds ( Construction Agreement Review )
  Registration Assistance ( Independent House )
  Procure Revenue Documents ( Other Revenue Documents )
  Lease/Rental Agreements ( Car Parking Agreement )
  Legal Opinion (Written) ( Villas )
  Utility/Property Payments ( Property Tax Payment )
  Property & Documents Inspection ( Plot/Site Insepction )
  Procure Revenue Documents ( Khata Transfer )
  Agreements/Deeds ( Rectification Deed )
  Registration Assistance ( Agriculture Land )
  Power of Attorneys ( General Power of Attorney )
  Lease/Rental Agreements ( Settlement Of Rental Agreement )
  Legal Opinion (Written) ( Independent House )
  Utility/Property Payments ( Electricity Bill Payment )
  Property & Documents Inspection ( House/Apartment Inspection )
  Procure Revenue Documents ( Mother Deed Extract )
  Agreements/Deeds ( Relinquishment deed )
  Registration Assistance ( Commercial Property )
  Power of Attorneys ( Revoke/cancel Power of Attorney )
  Utility/Property Payments ( Water Bill Payment )
  Lease/Rental Agreements ( Paying Guest Agreement )
  Legal Opinion (Written) ( Agriculture Land )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Procure Revenue Documents ( Copy of Grant Certificate )
  Agreements/Deeds ( Mortgage Deed )
  Registration Assistance ( Revenue/Other Site )
  Construction Approvals ( Residential )
  Affidavits ( Name & Address Affidavits )
  Lease/Rental Agreements ( Leave And Licence )
  Legal Opinion (Written) ( Commercial Property )
  Property & Documents Inspection ( Fraud & forgery Inspection )
  Procure Revenue Documents ( Pahani/RTC )
  Agreements/Deeds ( Exchange Deed )

 NRI Services

  Property Search ( Land And Property Search )
  Propert Transfer ( Land and Property Transfer )
  Property Partition ( Partition of Land And Property )
  Property Disputes ( Illegal Sale of Land And Property )
  Property Disputes ( Illegal Transfer of Land And Property )
  Succession Certificate ( Succession Certificate )
  Power of Attorneys for NRIs ( General Power of Attorney by NRI )
  Power of Attorneys for NRIs ( Special Power of Attorney by NRI )
  Buying Selling of Property in India ( Buying/Selling of Property in India )

 Realtors

  RERA Consultation ( RERA Approved Agent )
  RERA Consultation ( RERA Consultant )

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