PUBLIC NOTICE PROPERTY
Public Notice Property ad in 2 newspapers starts 890/- onwards
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.
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.
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.
Public Notice for claim against sale of property
Sample ad :-
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.
Faisal Jamil Attarwala
Pakeezah Market, near Delhi Darbar Restaurant,M.S Ali Rd, Mumbai – 400008
Payment Transfer details
M/s. Classic Advertising
(its a current A/c)
A/c no. 623505384698
IFSC Code: ICIC0006235
Fort Branch – Mumbai