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Anonymous

Posted 9 months ago

How to find if there's any legal case against the flat that I am purchasing in Hyderabad?
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A. Dear Sir/Mam, For the posted query you would require the help of an advocate. It needs to be found from the Register. Please engage an advocate for this job.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

Anonymous

Posted 9 months ago

i had purchased a property in 2005 in ten lakhs and now i want to sell the property in 2018 and i can sell the same @ 40 lakhs. pl let me know if i have any libility of income tax? secondly i intend to distribute the said amount in equal part to my two daughters and my son and his wife. is there any libility of gift tax if any?
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A. Dear Sir, The property in question can be sold at any price. There is absolutely no BAR at selling price. In relation to Income Tax query, yes you will have to IT on it. Since, it is a long term holding property from your side you will have to pay Long term Capital Gain tax on the property. In relation to gift tax query, tax is not levied on gift (cash or kind) if it is given at the time of marriage. If you want to save gift tax, then you can consult for further advice in this regard.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

Anonymous

Posted 9 months ago

I stay on 3rd floor and the plaintiff stays on 2nd floor. We have allowed Plaintiff to get the water leakage repairs done 7 times but he says that the problem is not solved and water is still leaking. We denied any further repairs and asked him to get the repairs done from some expert. For this he complaint in police station and also issued legal notice, where he completely denied that repairs were done 6 to 7 times. There is no proof for the earlier repairs done and we asked him to acknowledge in writing for the repairs done for which he denied. Me and family are facing problems due to repairs again and again. Plaintiff has issue an injunction against me. Please suggest what to do ?
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A. Dear Sir/Mam, You need to get a stay on the injunction. You have mentioned that he sent you a Legal Notice, did you reply to it and if yes then were the charges against him clearly mentioned. You may consult for a further advice in this regard.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

Anonymous

Posted 10 months ago

I own a land and the documents regarding it ??? ???? ????? have something written in red which is ???????? ?????? , so my question mainly is will I able to sale my land easily?? Regards
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A. Dear Sir/Mam, Please quote your query properly for an advice.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

gblata G

Posted 10 months ago

Whether a owner can be excluded from joint maintenance. Without consulting any maintenance work can be carried.
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A. Dear Sir/Mam, The answer to your query is dependent on the type of maintenance work you want to carry out. If the said maintenance work, is of such a nature that is to bring material changes then the permission needs to be taken, otherwise not. The nature of the service agreement would guide the same.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

Anonymous

Posted 10 months ago

Our House & land is Hypothecated with bank. Property is currently in the name of our Father. My mom expired couple of years back & now father intends to marry again. I wish to get the property transferred in my name as the housing loan premium was being paid all these years by me on his behalf & I don't want to lose this property now. Pl advise..
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A. Dear Sir, Your query is complicated in nature. There are many aspects in your query. First the property holder. Second, is the property is question a self purchased property by your father or ancestral property. Third, the loan is in the name of the father. Fourth, you have just paid the EMI for these years but was there any contribution from your side for the purchase of the property. On a high level, you can just get ask for the money that you have spent as EMI and if he denies then you can claim for part of the property accounting to your amount spent. Request you to please use the "Consult" button in case you meed a precise advice.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

Ch Madhu

Posted 10 months ago

Hi sir this ch.madhu from chhattisgath I have question about property case we have one land which is 1236 square feet by mistake we 108 square feet of land constrcted house in besides land and we mutually agreed and we paid amount to land owner know he sell he's land to another person it is require to registration to 108 square feet land.
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A. Dear Sir/Mam, Your case is contradicting in nature for any advice. Please redraft your query properly for an advice.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

shrikant thakur

Posted 10 months ago

if son make default in bank loan payment can we seized his father house on background of his son-father relation
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A. Dear Sir, The advice would depend on the category of the property. If the property is a self accquired property and you are a gurrantor, the the property can be attached. If the property is an ancestral property and even if you are not a gurrantor, since the devoultion of ancestral property will ultimately pass on to your son, they have the right to attach but that would depend on the no of sons and daughters you have. Under this sitiuation they will not be able to attach ghe entire property if you have more than 1 legal heir.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

Anonymous

Posted 10 months ago

Hi, My Grandparents died some years ago and there is no will available and they have 3 children, 2 sons and 1 daughter. Their Daughter is ready to leave her share and ready to sign the relinquishment deed and the property should be in the favour of 2 sons. There are 2 floors and both the sons are ready to take 1 floor each, is there any way we can save the stamp duty and get the property transferred to their Legal heirs or any other way we can sign an agreement to effect this. Your reply will be highly appreciated. Thanks!
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A. Dear Sir/Mam,. Ideally, the property should be registered in the name of all the transferee but since you want to save on the stamp charges, you need to take a NOC from the sister and basis that NOC draft a family settlement deed and proceed accordingly.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

Anonymous

Posted 10 months ago

If my father has created a gift deed and transferred 50% of property on my name (My Parents owned property) Scenerio 1: Now after 1 or 2 years, If I or my wife files for divorce, (She is not a nominee) 1. Can she claim on this property? If yes what percentage? 2. If I have one kid, can she claim over the property now? Scenerio 2: Now after 1 or 2 years, If I or my wife files for divorce, (She is a nomiee now) 1. Can she claim on this property? If yes what percentage? 2. If I have one kid, can she claim over the property now?
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A. Dear Sir, In Scenario 1: She can claim for her maintenance and for the maintenance of her child along with alimony. Since she is not the owner she cannot claim over title share in the property. In Scenario 2: She can claim for her maintenance and for the maintenance of her child along with alimony. Since she is the nominee but still she cannot claim over title share in the property. A nominee is the person who is entitled to the property after the demise of the orignal holder and here in your case, you are getting divorced. After getting divorced, request you to change the nomination otherwise she will have claim over the property after you.
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Vedant Lakhotia Exp: 3 Year(s) Kolkata

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