Legal Question in Real Estate Law in India

My grandmother executed and registered a gift settlement deed in my name. In this deed she gave the power of enjoyment of rent etc to my parents till their life end and after their life only I will get the full rights on this property. I am only major unmarried grand daughter to them. my There are two money suits filed by the financiers are pending before the civil court on my father. In this case I am no way connected i.e., I have not signed in any borrowed documents as borrower or surety. My doubt is Can the property settled in my name be attached by the financier? If yes, what are the precaution steps to taken by me?


Asked on 6/27/12, 3:03 am

2 Answers from Attorneys
Global Legist Advocate & Legal Consultants

Hello,

We presume that property was never a ancestral property.

Hence, Property should not get attached.

Whereas, change and register the title of the property in your name on the basis of gift deed as soon as possible.

With Regards

Global Legist

Advocates and Legal Consultants

+91 9873400403

[email protected]

www.globallegist.com

Read more
Answered on 6/27/12, 4:32 am
Shrichand Nahar S.V.Nahar, Advocate

Property may not be attached. But rent may be attached.

Read more
Answered on 7/19/12, 2:24 am


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