Results for #separate
Legal
#construction#document#flat#separate#sell
I own a two storey building in my name, although I did not have enough funds to undertake the whole construction so I asked my brother to pay for the construction of the first floor. But there was no written document. We also agreed that I would buy the flat from him after I can, when my kids grow up. He owns a separate house now, but he isn't willing to sell the property to me even when I am ready to pay more. What can I do about this?
I own a two storey building in my name, although I did not have enough funds to undertake the whole construction so I asked my brother to pay for the construction of the first floor. But there was no written document. We also agreed that I would buy the flat from him after I can, when my kids grow up. He owns a separate house now, but he isn't willing to sell the property to me even when I am ready to pay more. What can I do about this?
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Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Question is vague and doesnt add up. The facts are contradictory.
RERA
#separate#promoter
Is there a minimum percentage of the funds received from allottees that needs to be ringfenced in a separate account? What are the terms under which the promoter can make withdrawals from such an account?
Is there a minimum percentage of the funds received from allottees that needs to be ringfenced in a separate account? What are the terms under which the promoter can make withdrawals from such an account?
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
70% of the money received from sales needs to be deposited in an account, from which withdrawals are possible only when certificate from architect, engineer and Chartered accountant have been submitted
Purchase & Sales
#residential#mumbai#separate#property
In a situation where a residential project in Mumbai is APF approved by a well-known financial instittution, does one need to conduct a separate property search through a lawyer, or does the financial institution's search report suffice?
In a situation where a residential project in Mumbai is APF approved by a well-known financial instittution, does one need to conduct a separate property search through a lawyer, or does the financial institution's search report suffice?
Answered on November 08, 2017
It is always advisable to conduct own due diligence prior to buying any property. However, as of now when RERA is applicable for all new or ongoing projects it will be easier for you to browse through RERA website to understand nature of title of the property.
