PUBLIC NOTICE PROPERTY

Public Notice Property ad in 2 newspapers starts 890/- onwards public notice property

Public Notice property ads has to be placed in newspapers when a prospective buyer or seller wishes to buy or sell a property and intends to know if there is any claim or objection by way of sale, exchange, mortgage, charge, gift, maintenance, inheritance, possession, lease, tenancy, sub tenancy, lien, license, hypothecation, transfer of title or beneficial interest under any trust right of prescription or pre-emption or under any Agreement or other disposition or under any decree. etc

He mentions the schedule of the Property with complete technical specifications.

Usually a 14 day waiting period is mentioned in the ad for the claimants.

In short, A public notice for property normally includes a legal description of the property, the nature of the proceedings or transaction, relevant dates and times, and contact information of the parties involved or the entity issuing the notice.

Issuing a public notice property ad you propose to purchase in publications is always advisable. The notice has to be published in a daily having wide circulation in the area where the property is situated. The notice is to be published after the sale agreement is executed.

Public Notice for claim against sale of property

Example of claim against sale of property is as follows:

NOTICE is hereby given that Smt. Anisa Rais Khan has agreed to sell us, the residential flat at A-35, Ruturaj Apt, 6th floor, Juhu Scheme, opp SNDT college, Santacruz (W), Mumbai – 54 free from all encumbrances. Any person having any right, title, interest, claim or demand of any nature whatsoever in respect of the said flat, is hereby required to make the same known in writing along with the
documentary proof thereof, to the undersigned at Faisal Jamil Attarwala Pakeezah Market, near Delhi Darbar Restaurant, M.S Ali Rd, Mumbai – 400008 within fourteen days from the date of publication hereof, failing which the negotiations shall be completed, without any reference to such claims and the claims if any, shall be deemed to have been given up or waived.

Sd/-
Faisal Jamil Attarwala
Pakeezah Market, near Delhi Darbar Restaurant,M.S Ali Rd, Mumbai – 400008

Place :
Date : 

Do you wish to place a Notice ad related to your Property ? Claim / Objection, Buying / Selling / Disputes / Transfer ?
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    Reasons for Placing Public Notice in Newspaper for Purchase of Property :

    A public notice before the sale / transfer of a property is typically required for several reasons:

    Legal Requirement: In many jurisdictions in India, it is a legal requirement to provide public notice before selling a property. This is often usually a part of the due process to protect the rights of all interested parties and ensure transparency in property Buy / sell transactions.

    Notify Creditors: If the immovable property being sold has outstanding debts or liens attached to it, providing public notice ads in newspapers allows creditors to be informed about the pending sale. This ensures that creditors have an opportunity to claim their debts from the proceeds of the property sale.

    Protect Buyer and Seller: Public notice ads helps protect both the buyer and the seller. It ensures that the property being sold is free from any undisclosed claims or encumbrances, providing the buyer with clear title to the property. For the seller, it helps avoid legal disputes / hassles in the future.

    Market Competition: Public notice of a property sale allows potential buyers to become aware of the opportunity, leading to a more competitive marketplace. This can help sellers get fair market value for their property.

    Public Record: Public notices are often recorded and become part of the public record. This record can be useful for future reference and ensures that property transactions are conducted transparently.

    Notice to legal Heirs and Beneficiaries: In cases of inheritance or estate sales, public notice can be used to inform heirs and beneficiaries about the sale of the property, giving them an opportunity to assert their rights or make claims if necessary.

    Prevent Property Fraud: Public notice in newspapers before purchase of property helps deter fraudulent activities related to property sales. It makes it more difficult for individuals to sell property without the knowledge of other interested parties, such as co-owners or creditors.

    Community Awareness: Property transactions can have an impact on the local community. Public notice allows neighbors and interested parties in the vicinity to be aware of changes in property ownership, land use, or zoning, which can affect the community’s interests.

    Overall, public notice during sale of property is a crucial component of property sales, as it helps ensure fairness, transparency, and legal compliance in real estate transactions. The specific requirements for property public notice can vary depending on local laws and regulations, so it’s important to consult with legal professionals or real estate experts to understand the requirements in your jurisdiction.

     

    Notice to the public is only a precautionary measure and it is not binding on anyone having interest in the property. They may ignore the notice and many might not even see the notice at all. The public notice serves the purpose of qualifying the purchaser as a bona fide purchaser of the property. However, it is one of best methods of scrutinising a property for double ownership.

    The above method can be used to Publish public notice in newspaper for purchase / sale of property

    PUBLIC NOTICE PROPERTY