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Author Topic: Minor Property - Clarification  (Read 654 times)

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Offline rtram

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Minor Property - Clarification
« on: December 16, 2014, 10:48:38 PM »
Sir,
I am planning to purchase a property. When we checked the parent documents, there is transaction involving the following -
 
A husband and wife buying the land in the name of their kid (3 years old ) in 2001 with mother as guardian. And then, in 2004 the kid's mother with father as one of the witness are selling the property for child's education and well being of their kid.This sale was executed without getting the court order or permission.

  • Is this sale a valid sale now?
  • Is this property considered as a minor property? The reason for this question is, the seller informed me that the the property is not a joint family property in the name of child or a property given by a grand parent to their grandchildren.
  • What can be done to make this sale a valid sale now in 2014, if that sale is voidable? What measures I need to take before I purchase this property?

Expecting your valuable answers.
 
Thanks!

Offline advkkreddy

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Re: Minor Property - Clarification
« Reply #1 on: December 21, 2014, 09:26:11 PM »
simply stay away from the property, because when the child will be major he can re claim the property.  Bangalore high court has passed a similar judgment
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