My family is looking to buy a property from brothers whose parents have passed away. They have a legal heir certificate. The bank is reviewing the documents for a loan, and we expect their decision soon. I’m a bit concerned: 1. Can the brothers legally sell the property? 2. Is the legal heir certificate (varasnama) enough to prove their right to sell? 3. Can I rely solely on the bank’s lawyer (like SBI or PNB) for verification? 4. I’ve paid a small token amount, but they’re asking for 10% as a deposit. Should I proceed?

Apni Law
Apni Law
Law Forum › Category: Property › My family is looking to buy a property from brothers whose parents have passed away. They have a legal heir certificate. The bank is reviewing the documents for a loan, and we expect their decision soon. I’m a bit concerned:

1. Can the brothers legally sell the property?
2. Is the legal heir certificate (varasnama) enough to prove their right to sell?
3. Can I rely solely on the bank’s lawyer (like SBI or PN for verification?
4. I’ve paid a small token amount, but they’re asking for 10% as a deposit. Should I proceed?

Vote Up
136
Vote Down
Apni Law Staff asked 3 months ago

My family is looking to buy a property from brothers whose parents have passed away. They have a legal heir certificate. The bank is reviewing the documents for a loan, and we expect their decision soon. I’m a bit concerned:

1. Can the brothers legally sell the property?
2. Is the legal heir certificate (varasnama) enough to prove their right to sell?
3. Can I rely solely on the bank’s lawyer (like SBI or PN for verification?
4. I’ve paid a small token amount, but they’re asking for 10% as a deposit. Should I proceed?

1 Answers
Vote Up
51
Vote Down

Best Answer

Apni Law Staff answered 3 months ago

Yes, the brothers can legally sell the property if they are the sole legal heirs. While the legal heir certificate is a strong indicator, you should independently verify the ownership through a lawyer. While bank lawyers can offer some assistance, they primarily represent the bank’s interests, so relying solely on them may not be advisable. You should consult an independent lawyer for due diligence and advice on the 10% deposit.

You Might Also Like

I’m a resident of a small society registered in Maharashtra. As a member, I’ve been trying to get a parking spot assigned to my flat, but the secretary, who parks two cars, is denying me access because I’m an NRI. I believe parking rights should be tied to the flat, not the owner. The society isn’t collecting parking fees from anyone, especially the office bearers who park multiple cars. Despite repeated requests, I haven’t received any meeting minutes or access to society accounts. What are my options to address this unfair situation?

If a boy’s maternal uncle’s daughter is considered a Sapinda according to Hindu Law? I need some clarification on this. Could you please advise?

My father passed away last year, leaving behind his self-acquired house in Faridabad. We’d like to transfer ownership to my mother. What’s the process for doing so in India?

My grandfather, my mother’s father, owned a house. He had three children: my mother and two daughters. After my mother got married, my grandfather asked her to stay with him, so she could take care of him in his old age. My uncle, my grandfather’s son, moved away for his army job and didn’t support my grandfather. We lived in the house for 27 years, taking care of it and making improvements. Now my uncle is retired and wants to take the house back. He recently tried to transfer the ownership of the property to his name. I found out about this online. What can I do to keep the house for my family?

My family owns a flat in a cooperative society, with the ownership listed in two names. Can a third name be added to the ownership? If one owner passes away, can they will their share to their daughter? Does the will need to be registered or go through probate?

Share This Article
Previous Article My brother, who rents a shop, sold it without telling me. He’s refusing to share the profit. What can I do?
Next Article I had to change lawyers in my eviction case because my previous one acted improperly. When I gave him my documents, he deliberately withheld the eviction notice. I didn’t realize this at the time. What will happen if I can’t show the original eviction notice in court during the hearing? Is there any law that can help me in this situation? Can you suggest any relevant case references? Thanks for your help.

Follow US

Find US on Social Medias
Popular News
- Advertisement -
- Advertisement -
Ad imageAd image

📢 Stay Connected!

Join our community on Telegram and WhatsApp for instant updates, news, and exclusive offers.