Legal Question in Real Estate Law in India
A women namely �B� is the life estate holder in respect of a particular property in Kolkata, West Bengal by virtue of a will mentioning therein that after the death of �B� her legal heirs would be absolute owner in respect of that property.
1. The question is whether �B� is able to develop that property by way of making an agreement with a promoter as a joint venture.
2. The other question is whether the said life estate holder women namely �B� could mortgage the said property in the bank or any where else.
3 Answers from Attorneys
you have to supply all the papers regarding this property then i can suggest or u may contact with me in my number 9874753359
The answer to both question is in negative. it means NO.
Life estate generally denote right to live / enjoy / possess property during life time and may not have power to develop / mortgage.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
