• Transfer of landed property

I have possessed a piece of land(60 x 40 ft) taken on lease from Odisha Government. I want to transfer the land to my three son-in-laws  jointly so that they can construct three flats for their living in future. I want to know whether this transfer will be legally valid and whether they can get loan from banks citing that they are co-owners of the land.
                                                                                                Sarat Kumar Mohanty
e-mail address   ...   sarat1939@rediffmail.com
Asked 3 years ago in Property Law from Bhubaneswar, Odisha
read terms and conditions of lease . for transfer of lease hold land you would need consent of lessor . . do not create any third party rights without obtaining prior consent . it would be ground for termination of lease
Ajay Sethi
Advocate, Mumbai
26135 Answers
1421 Consultations
5.0 on 5.0
Whether or not the land can be transferred shall have to be decided with reference to the terms and conditions of the lease. Unless and until the lease specifically or impliedly allows the transfer of land it is impermissible for you to transfer the same to any one. Transfer of land in contravention of the lease will result in termination of lease.
Ashish Davessar
Advocate, Jaipur
19213 Answers
484 Consultations
5.0 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Property Lawyers

T Kalaiselvan
Advocate, Vellore
16534 Answers
153 Consultations
5.0 on 5.0
Ajay Sethi
Advocate, Mumbai
26135 Answers
1421 Consultations
5.0 on 5.0
Ashish Davessar
Advocate, Jaipur
19213 Answers
484 Consultations
5.0 on 5.0
Krishna Kishore Ganguly
Advocate, Kolkata
13228 Answers
280 Consultations
5.0 on 5.0
Devajyoti Barman
Advocate, Kolkata
6480 Answers
72 Consultations
4.9 on 5.0
Shivendra Pratap Singh
Advocate, Lucknow
2998 Answers
45 Consultations
4.9 on 5.0
Rajgopalan Sripathi
Advocate, Hyderabad
944 Answers
64 Consultations
5.0 on 5.0
Ajay N S
Advocate, Ernakulam
1992 Answers
23 Consultations
5.0 on 5.0
Thresiamma G. Mathew
Advocate, Mumbai
1353 Answers
93 Consultations
5.0 on 5.0
Kiran N. Murthy
Advocate, Bangalore
810 Answers
56 Consultations
5.0 on 5.0