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Co owner sold his share in property can he ask for his name in bill


01-Jul-2023 (In Property Law)
1. Ours is unregistered society. Mr a is having flat in the society. 2. Mr a has sold this flat to mr b and mr c.(this is during 1992 and agreement is on stamp paper of rs 2000/- this agreement is not registered . Consideration of rs 200000/- 3. Mr c has sold it share back to mr b.(this is during 2000 and on the stamp paper of rs 20/- (consideration of rs 1.50 lac) now mr b is asking me to issue bill from june 2016 in the name of mr b. Since both the agreement are not registered is it safe to issue bill in the name of mr b ?
Answers (2)

Answer #1
562 votes
1. what is the agreement.
( sale/tenant)
×× in case agreement to sale means he is not a valid member of the society, therefore he is not eligible for demanding bill.
×× in case he is tenant.- as following procedure.....
2. mr. b notice ur society for demanding bill in writing.
3. u demanding the mr. b for NOC for owner of the flat for issuance of bill means Mr. A
4. thereafter society pass a resolution. as per subject.
4. thereafter u can issued bill in the name of original or valid owner through his tenant.
Answer #2
695 votes
U/S 17 of Indian registration act when there is transfer of immovable property wroth Rs.100/- then document must be registered by paying stamp & registration charges to the state government otherwise that document is not valid in eyes of law. Ultimately u have to face legal consequences in future and at higher risk of loose property and money also.

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