Problems concerning real estate ownership in India by NRI

- 23.32


  • After purchasing real estate, you can see that the name of the real estate you purchased is unknown, or that the real estate / land you purchased has already been mortgaged or lent to someone. Therefore, NRI needs to create an appropriate inquiry / search income record personally, through a trusted law firm before purchasing, to know the state of the property.

  • NRI may not have the authority to sell the real estate purchased by the seller and the seller may have sold real estate based on a false power of attorney. NRI usually has to strive to avoid purchasing property from lawyers, and in case it is inevitable, it is necessary to confirm that the power of attorney is authentic, registered properly by the registration authority, and sealed .

  • NRI lends the farm to relatives and friends, but it is difficult to regain land due to incorrect answers of relatives and friends when coming home from abroad. Therefore, NRI is duly drafted by a reputable law firm / lawyer who has adequate knowledge of Indian revenue law and is familiar with rules, regulations and procedures, and based on appropriate contracts judged by farmland You need to lease.

  • Likewise, NRI has also faced problems related to residential or commercial real estate for rent to highlight the utility of tenant's non-payment of rent, adverse change or alteration of concessions, the utility of concessions and to regain its transfer Awards are for personal need / use. Therefore, NRI recommends that residents or commercial concessions on rental / rental be made under the appropriate agreement formally created by knowledgeable lawyers / law firms. Periodic collection of lease / supervision by lawyers / lawyers will help alleviate this problem.

  • Some NRIs have returned without preserving their wealth. Therefore, NRI should not leave its properties. However, if such a situation occurs, NRI hires a lawyer / law office right away, if the lawyer judges that it is reasonable, possession of a property that raises a remedy / filing a criminal action.

  • Some NRIs allow you to submit a power of attorney or allow unknown persons to watch your real estate and collect rent. An agent is illegally used by an agent and someone else likes it. Therefore, NRI usually avoids submitting a power of attorney, and in case it is inevitable, you need to obtain the same draft from a good lawyer / law firm.





EmoticonEmoticon

 

Start typing and press Enter to search