GOA - Buyer Beware!
#3571
Re: GOA - Buyer Beware!
AndyD 8-)₹
#3572
Re: GOA - Buyer Beware!
well im happy got my pio with real ease which was shocking but still ,i did pay a few bob , but maybe im the idiot because i havent found out if i keep my rights
#3576
Re: GOA - Buyer Beware!
Thank you guys but i dont think il put it to the buying a property test yet , renting seems the best idea. Thanks to brilliant advice on this site , thank you all of you , you made my head rule my heart x
#3577
Re: GOA - Buyer Beware!
Glad you got your PIO - at least you won't have to get out of the country for two months at a time.
Dread - x
#3578
Re: GOA - Buyer Beware!
Question!!
Property registered in both parties names. One of them dies, how do you go about changing the Deeds. Anybody been in that situation, or knows anybody who has,
How do you sell, if you want too?
Property registered in both parties names. One of them dies, how do you go about changing the Deeds. Anybody been in that situation, or knows anybody who has,
How do you sell, if you want too?
#3579
Re: GOA - Buyer Beware!
If I had to guess I would think the surviving party owns half of the property with the other half being part of the estate of the deceased, so the provisions of any will would apply. Goan law may also be involved.
AndyD 8-)#
#3580
Re: GOA - Buyer Beware!
Sorry Andy don't mean you, my friend.
#3581
Re: GOA - Buyer Beware!
Since its in joint names, the procedure becomes fairly simple. However, as Andy has rightly suggested, you must consult a lawyer to avoid future problems and get clean paperwork and a clear title.
Has the deceased left behind a proper Will? This is very important.
Theres this online forum where you could also post a query. Heres one query that somewhat matches yours
http://www.lawyersclubindia.com/foru...eath-38420.asp
Hope this helps. If you need to consult a trusted lawyer, pls PM and I'll suggest one.
Since commercial content not permitted here on BE, must clarify that this is only to assist you and I have no financial interest in at all.
Cheers
#3582
Lost in BE Cyberspace
Joined: Apr 2010
Posts: 20,777
Re: GOA - Buyer Beware!
At time of sale the heirs would be involved in giving their approval of the sale. I think it would be up to the buyer's lawyer whether they would accept e-mail signature(s) or not. (I sent a PM when you asked this question before.)
#3583
Lost in BE Cyberspace
Joined: Apr 2010
Posts: 20,777
Re: GOA - Buyer Beware!
Noni, as IndianFriend has said, a 'bought' property rather than an 'inherited' property if there is a will; is straightforward.
At time of sale the heirs would be involved in giving their approval of the sale. I think it would be up to the buyer's lawyer whether they would accept e-mail signature(s) or not. (I sent a PM when you asked this question before.)
At time of sale the heirs would be involved in giving their approval of the sale. I think it would be up to the buyer's lawyer whether they would accept e-mail signature(s) or not. (I sent a PM when you asked this question before.)
#3584
Forum Regular
Joined: Apr 2012
Posts: 47
Re: GOA - Buyer Beware!
Isn't it better to setup a trust? Seems like the best option for US tax, not sure about UK tax laws.
#3585
Re: GOA - Buyer Beware!
Rules on X visas published. (thanks to nycank on IM for spotting this -- also re-posted by J5).
AndyD ₹
AndyD ₹
Last edited by a_f_d; May 7th 2012 at 2:01 am.