Buying private company's land is it free of legal complications

Is buying lands or plots from private companies free of legal complications?

Answers (2)

198 votes

No. Only a land or plot given to you by government of west Bengal can be free of legal complications, that too there is no surity of it. See what happened in singur. What you need is a good advocate or good firm who can do all types of searching including court search. Then buy the property. I am a co- partner in a law firm based near High Court Calcutta. If needed contact.

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237 votes

The question is fretted of ambiguity. In general, a company is a legal entity.Therefore, the property in question should be free from all types of encumbrances​ (all stake holders must be in agreement with the proposed selling of the property) including free from any type of litigation (clear legal title). The person/body selling​ the
Property should possesses the instrument of legal authority to that effect.
Please check all the above points and proceed further as per instructions of lawRato.

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