Legal Question in Business Law in India
defective sale deed
i purchased a property .The basic document shows A,B,C are the owners having a right over the property.Since A is no more,her legal heirs joined in the sale deed .B was not married and as per his will the parties joined the sale deed agreement.C is no more .He has wife and three children.As he has got this property frm his mother a local adv remarked that his wife need not join the sale dded but his children should.Accordingly they also joined in the sale deed and Cs children got 1/3 share of the total amount but whn i approached a bank,their legal advisor remarked that wife of C shouyld also join the sale deed and as she has not signed the sale deed its a defective one.Is IT RIGHT?As i hve already given the full amount,what can be done now if its defective?
3 Answers from Attorneys
Re: defective sale deed
You can rectify the defect by executing a deed of rectification.
Re: defective sale deed
If possible correct the defect.
Re: defective sale deed
You may consider getting sale deed of her share from the left out share-holder.
Related Questions & Answers
-
Cheque bounce If a cheque is bounced due to insufficient of funds, within how many... Asked 3/18/09, 8:23 am in India Business Law
-
Corporate and business law A stands surity for the good conduct of B who is employed... Asked 3/18/09, 7:45 am in India Business Law
-
Claim my uncle inherited some property from his mother(not family propertybut... Asked 3/18/09, 1:00 am in India Business Law
-
Valid agreement there is an agreement between 4 parties.it shows how to divide a... Asked 3/17/09, 1:21 am in India Business Law
-
Steps to start a resturant Hi, I am doing R&D for opening a resturant in... Asked 3/16/09, 11:49 am in India Business Law