Legal Question in Real Estate Law in India
how to purchase property ( Plot in karnataka) from minor owner . If owner wants to sale his property for his own interest, but it is maintaining by his guardian
Asked on 10/09/13, 11:27 pm
2 Answers from Attorneys
Santosh Goswami,Advocate
sure shot legal
Minor can't execute the sale. The guardian can. But there are certain restriction upon the power of the guardian. It can only be sold for the benefit of the minor. If the sale is guided by any other factor,it can be challenged in a court of law by the minor after attaining majority.
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Answered on 10/10/13, 12:18 am
Fca Prashant Chavan
Expert Edge LLP
14.10.2013
Dear Sir / Madam,
A Property in the name of a minor cannot be sold till such time he / she attains majority. Even thereafter, it can only be sold with the major's consent and approval thereto.
Regards,
Answered on 10/14/13, 10:09 am
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