Legal Question in Real Estate Law in India
If the property is purchased in son name and the complete money is transfered by parents . Can parents claim any thing ?
Asked on 6/22/11, 3:51 pm
3 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
Parents cant claim anything in the property.
Answered on 6/22/11, 6:38 pm
Shrichand Nahar
S.V.Nahar, Advocate
May be.
Check dates of payment and purchase vis-a-vis Benami Act provisions.
Answered on 6/22/11, 9:30 pm
Vishwa Arya
Arya & Co.
Under normal circumstances, the answer is no. Benami transactions (prohibition) act prohibits such claim under its section 4. However, exception is in case of hindu undivided family.
Answered on 6/23/11, 4:34 am
Related Questions & Answers
-
Can a hsg soc. b formed if there r only 8 members, out of which 3 r builders... Asked 6/22/11, 12:09 am in India Real Estate and Real Property