681+ Lawyers are online 
Buy flat jointly with minor child
10-Sep-2023 (In Property Law)
I request you to please advice - 1) Is it possible to buy flat and get it registered jointly by mother and minor daughter? 2) If yes, is it advisable to do so? Any future legal complications while selling etc?
Respected
yes. Minor name can be mentioned in the Registered Sale Deed as Co buyer but minor, bieing her minority, shouled be repreasented by her next friend/ guardian in the said sale transaction and next friend/ guardian name should be reflected in the said sale deed along with minor name.
"For eg.
Daughter name
(Details)
being minor reprasented by next friend/ guardian
(Mother name)"
Yes. You can. But the minor will acquire her part of abulte right over the proeprty when once she attain the age of mejority. Till to that date "next friend/ guardian" symbolically treated as administrator of the said right over the proeprty.
You can contact us or any advocate
yes. Minor name can be mentioned in the Registered Sale Deed as Co buyer but minor, bieing her minority, shouled be repreasented by her next friend/ guardian in the said sale transaction and next friend/ guardian name should be reflected in the said sale deed along with minor name.
"For eg.
Daughter name
(Details)
being minor reprasented by next friend/ guardian
(Mother name)"
Yes. You can. But the minor will acquire her part of abulte right over the proeprty when once she attain the age of mejority. Till to that date "next friend/ guardian" symbolically treated as administrator of the said right over the proeprty.
You can contact us or any advocate
Helpful?
28+
28+
Adv. M Lakshmikanth Arya
Bangalore | 500+ Answers
Chat
Can you name a property to a minor in the Philippines?
Answer: If the children are minors a legal guardian may be required to accept the property in their name. This is often the mother or another family member. The Deed of Donation, or Deed of Sales would usually detail this. 1 Sept 2023
Can my father take back the property registered on my name when I was minor?
You can file a declaration lawsuit if anyone objects. If you need duplicate copies of any documents, contact the registrars office. Parents cannot take back the property if it is registered in their sons name. 29 Dec 2016
Is a son becomes owner of property if property is purchased in his name by his father?
The property belongs to the son alone, so other siblings cant claim a share, even though the transaction is a benami one. The other siblings do not have a share in the property, even if the father bought it. The sons property rights are absolute and sole.
What is the age of a minor in India?
According to the Indian Contract Act of 1872, anyone under 18 years old is considered a minor.
The Act stipulates that you may only purchase property on behalf of a minor if you are their guardian or signatory authority. Section 11 of the Act states that a person can only purchase property in their own name after they turn 18 years old.
Helpful?
Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
