How to sell property which cannot be registered to another party
3 years ago
had purchased a land in 2010 which was registered under me and my wife's name. After the registration we realised that there was a case going with the land. The case was, A temple was accusing few land owners nearby that those properties were actually owned by the temple. In 2010 the court ruled out in favour of the land owners that the land actually belonged to the respective owners and the temple has nothing to do with the land. After this the case went to bench court and its getting dragged and taking too long for judgment to come, since there is no judgment I cannot transfer the land ownership to another party
My question is, I want to sell the land now how do I sell it without being able to register it to other party? Or can I enter into an joint venture with local builder to construct flats and sell them to get money from sale proceeds
Ankur Goel @ Complete Law Shield
Responded 3 years ago
you can sell to someone if they agree to buy litigation property.
i believe it will be a neighbour.
also you will get very less money by selling now if already won case once.
Ayantika Mondal @ Prime Legal
Responded 3 years ago
Pending litigation, you are not legally entitled to dispose of the property as the matter is subjudice. Even if you do so, in case of any adverse order, the title shall not pass on to such purchaser. In such a matter the valuation which you will get will be miniscule.
if you like my answer pls giveme a good rating
Pending litigation, you are not legally entitled to dispose of the property as the matter is subjudice. Even if you do so, in case of any adverse order, the title shall not pass on to such purchaser. In such a matter the valuation which you will get will be miniscule.
if you like my answer pls giveme a good rating
You can do so provided other party is ready and there is no stay order against you.
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