Results for #register
Legal
#paid#register#stampduty
I have paid Stamp Duty in 2010 which I forgot to register. Do I have to pay the Stamp Duty again and if I have to, do I have to pay it at present Market Value or past Market Value?
I have paid Stamp Duty in 2010 which I forgot to register. Do I have to pay the Stamp Duty again and if I have to, do I have to pay it at present Market Value or past Market Value?
| 
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
If you have paid the stamp duty prevelent in the year 2010 at the time of execution of the Agreement, then you would not be required to pay any additional stamp duty merely because the document has remained to be registered.
Legal
#2bhk#flat#pune#possession#loan
We have recently purchased a 2BHK flat in Pune but we are yet to get possession of the flat. Me and my husband, we both are the co-bearers of the loan but we are not the co-owners of the flat. The builder has not yet prepared the sale deed of the flat but the registered agreement of the flat is with the bank. We wanted to know which is the most convenient way by which we can get me as a co-owner of the property before we get the possession of the flat so that we can claim tax benefits under Section 80 C.
We have recently purchased a 2BHK flat in Pune but we are yet to get possession of the flat. Me and my husband, we both are the co-bearers of the loan but we are not the co-owners of the flat. The builder has not yet prepared the sale deed of the flat but the registered agreement of the flat is with the bank. We wanted to know which is the most convenient way by which we can get me as a co-owner of the property before we get the possession of the flat so that we can claim tax benefits under Section 80 C.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
You can enter into a tripartite agreement with the developer inter alia in respect of the flat and which tripartite agreement could also be the sale deed which can be executed prior to the completion of the construction of the property or in the alternative an agreement can be made between the husband and wife whereunder the husband transfers a proportionate undivided interest in the flat in fa...
(View more)
Legal
#register#property
I want to register my father's property on my name. Both my parents have passed away and my elder sister is married already. She received her share during her wedding. How can I get my share without much expenses?
I want to register my father's property on my name. Both my parents have passed away and my elder sister is married already. She received her share during her wedding. How can I get my share without much expenses?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Your sister would have to consent to the transfer of the property in your name and you can seek letters of adminsitration form a court of competent civil jurisdiction to permit you to administer the property and thereafter to transfer the same to your name with the consent of your sister.
RERA
#builder#construction#certificate#register#maharera
I am a builder with a project under construction at this time, though the completion certificate has not been issued yet. Do I still need to register under MahaRERA?
I am a builder with a project under construction at this time, though the completion certificate has not been issued yet. Do I still need to register under MahaRERA?
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
All under construction projects that have not received completion/occupancy certificate as applicable or shall not receive prior to July 31st, 2017 shall mandatory need to register with MahaRERA
Legal
#land#construction#loan#registered#money
Raj and his father bought a land in 2008 (money was equally given by them). The construction on land completed in 2009, and Raj gave the entire amount of the construction. Raj has also taken a loan for the house. Whole land is registered in the name of Raj's father. Therefore, do Raj's brother have legal right over the land/house? Note: All the money for the construction of the land has come from Raj's account.
Raj and his father bought a land in 2008 (money was equally given by them). The construction on land completed in 2009, and Raj gave the entire amount of the construction. Raj has also taken a loan for the house. Whole land is registered in the name of Raj's father. Therefore, do Raj's brother have legal right over the land/house? Note: All the money for the construction of the land has come from Raj's account.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
As per the provisions of the Income Tax Act the right in property would be dependent on who actually has made payment for the same. In this case, since the payment has been made by Raj, however, the Agreeement stands in the name of Raj's father unless Raj files a suit for ownership of the property in his exclusive name or gets the property transferred in his exclusive name, Raj's brother can de...
(View more)
Legal
#loan#bank#letter#registering
My home loan has been completed and is closed, the bank has given me the covering letter as well as the release deed. Although they stopped before registering it as I am the guarantor to an NPA home loan a/c holder. Is this law correct?
My home loan has been completed and is closed, the bank has given me the covering letter as well as the release deed. Although they stopped before registering it as I am the guarantor to an NPA home loan a/c holder. Is this law correct?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
No, the Bank will not be entitled to stop registration of the release deed, however, the bank will be entitled to obtian a decree/ order against you in your capacity as guarantor for the loan in question and seek sale of your flat for repayment of the loan.
RERA
#land area#apartments#registration#land#registered
If a real estate project has land area less than 500 sqmts but contains more than 8 apartments. Does it still need to be registered?
If a real estate project has land area less than 500 sqmts but contains more than 8 apartments. Does it still need to be registered?
Dhvanil Vakharia,Design Engineer
31 Answered
Answered on November 08, 2017
( Source : maharera.mahaonline.gov.in) Yes. Every real estate project which has land area more than 500 sqmts or has more than 8 apartments needs to be registered
Legal
#registration#property#registering#authority#owner
During the registration of a property, is it possible for an absolute GPA holder to appear before the registering authority on behalf of the original owner/allottee?
During the registration of a property, is it possible for an absolute GPA holder to appear before the registering authority on behalf of the original owner/allottee?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Depends on the power granted under the GPA. However, lately GPA are recognised by authorities only if it is executed in favour of blood relatives and not third parties.
Legal
#owner#flat#transfer#documents#consideration
I need advise in dealing with the owner of a flat that I purchased recently as he is not signing the transfer documents when the full and final consideration has already been paid. He is asking for additional money for doing this. The sale deed is already registered. Please suggest.
I need advise in dealing with the owner of a flat that I purchased recently as he is not signing the transfer documents when the full and final consideration has already been paid. He is asking for additional money for doing this. The sale deed is already registered. Please suggest.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
You can file for specific perfomance of the Agreement of Sale i.e. Sale Deed. You can approach a Civil Court and seek directions against the owner to execute necessary documents for completing the transfer of the Flat in your favour.
RERA
#flat#buyer#duly#registered#maha
How does a flat buyer know if a real estate project is duly registered under Maha RERA?
How does a flat buyer know if a real estate project is duly registered under Maha RERA?
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
Flat buyer can log on to MAHA RERA to check if the project is duly registered. Flat buyer can also demand from the Promoter the Project Registration No. under RERA and then verify from MAHA RERA website.
