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Nomination Form 14 (and Immediate Furnishing Of Indemnity Bond)
10-Nov-2023 (In Property Law)
My Qs is, if there are multiple nominees on the nomination form, then are we supposed to furnish any indemnity bond (in form Appendix - 18 as per bye-law 34) together right now.? Or should we (nominees) wait until the owner is no more, and then submit the Indemnity along with society membership application form? As per Maharashtra co-operative housing society act 1960. Kindly guide
respected sir
kindly provide the more details of you matter as to enable me to guide you on. right way you can share me all details on my WhatsApp number which is available on my profile so please check my profile and contact me on my WhatsApp . thanks
kindly provide the more details of you matter as to enable me to guide you on. right way you can share me all details on my WhatsApp number which is available on my profile so please check my profile and contact me on my WhatsApp . thanks
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Adv. Pathan Said Ahmed Khan
Ambajogai | 200+ Answers
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Hi, moat importantly as nominees, you do not become the owner of the property. you will still have to execute the appropriate legal documents to make the right person the owner of the property.
on the indemnity form, I need to know the purpose of the same to be able to guide you better.
regards, Advocate Vibhuti Agrawal
on the indemnity form, I need to know the purpose of the same to be able to guide you better.
regards, Advocate Vibhuti Agrawal
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Adv. Vibhuti Agrawal
Mumbai | 25+ Answers
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This is my response to you:
1. Nomination does not transfer ownership of the property;
2. It only makes the nominees are caretakers of the property;
3. Consult a local lawyer, discuss full facts and take steps.
1. Nomination does not transfer ownership of the property;
2. It only makes the nominees are caretakers of the property;
3. Consult a local lawyer, discuss full facts and take steps.
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Adv. Gowaal Padavi
Mumbai | 500+ Answers
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