Purchase of Housing Property with join name of 2 Friends is allowed?
20-Aug-2023 (In Property Law)
Can we purchase a house and get it registered in two names of friends, this Property is under Auction from a Bank.
if you are not members of one family you will not be registered as joint owners of a property. If you form a partnership or company, trust, or society with those friends as members cr as directors as the case may be, then you can register a non agricultural property in that name.
Helpful?
15+
Owning more than 2 houses
how many properties can a person own in india
conditions for two self-occupied property
How much property can one person own in India
Can a property be registered in 3 names
how many self-occupied house property exempt from tax
Tax implications owning more than one property
self-occupied property and let out property
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."