Legal Question in Real Estate Law in India
My father had bought a hotel in mumbai in partnership on paghdi system in the year 1987.Unfortunately,my father and his partner are no more and neither is the person from whom we had bought the hotel,Currently our hotel is given on rent and my mother and the partners wife are sharing the rent equally.We are planning to sell it without any legal hassles.Please help
5 Answers from Attorneys
The Hotel belongs to all the legal heirs of your father and his partner ,if they had died intestate . All the legal heirs can sell the same together or by giving power of attorney in anbody 's name to so on there behalf.
what legal hassles you anticipate?
A tenant may not be able to sell the property.
However, in case of tenancy of commercial property, an assignment of running business with stock in trade may be possible.
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