August 3, 2016
183
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6:37Now PlayingExpert: Hemang Jariwala, Advocate at the Bombay High Court.
Question: The floor I purchased in 2005 was sold to me by the third owner. The first owner had got the sale deed of the entire plot in 1955. Subsequently, after 6 months he had an agreement with DMC at Rs10 per gaz for the sale of land as Northern City Extension Scheme No. 1 Sabzi Mandi was launched. Then in 1958 he got an indenture from DMC conveying the possession of land to him. As per his request, his wife's name was added as a purchaser. However, the house was constructed in 1956 only as per the agreement. Further, this person transferred all separate floors to his sons alone since 1974. What is ownership status of this property? According to the 1955 registered sale deed, he is the sole owner. In the same year, the agreement made with DMC is also in his name. One son now claims this as jointly owned property. He has got his gift deed from his father. He is now challenging my title. What do I do?
Answer: If all the agreement between you and the previous owners are duly stamped and registered then there is a question of your title being challenged as the said agreements fall under the provisions of transfer of property Act and the registration Act 1908.
Be Un Confused
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