I want to sell my property I want to sell my property

8 months ago

I want to sell my property which is 50% on my name and 50% on my son(13 yrs) name. It is mentioned on the gift deed that I have all the rights to sale/execute this property at any point of time and signed by my husband who gifted his 50% share. Then why I need NOC from court when it is agreed between me and my husband.

Kishan Dutt Kalaskar

Responded 8 months ago

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A.Dear Sir,
Normally, in case of joint property if one of the owner is minor then the purchasers insist for NOC from the Court. Find out a purchaser who do not insist for such formality and sell the property on your behalf and also on behalf of your minor child.
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Vidhi Samaadhaan Vidhi Samaadhaan

Legal Counsel Vidhikarya

Responded 8 months ago

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A.Dear Client,
You are eligible to sell off only a 50% share in the property as assigned in your name in the Deed of Gift. Since your son now is a minor, he cannot give his consent or NOC until and unless he becomes an adult. So, if you want to sell off the 50% share of your minor son, you have to approach Civil Court for an appropriate order in this regard.
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 8 months ago

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A.Dear client,
The no objection certificate for selling property, is evidence or a document to prove that the property which is being transferred is free from any legal dispute or is not in any legal contract.
NOC is required to sale or execute the gift deed property.
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Vidhi Samaadhaan Vidhi Samaadhaan

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