The Pagdi system has been a popular option in India from before independence. It includes a renter and a landowner. The tenant pays low rent in relation to market prices. The renter is a co-owner of the land and has the ability to lease and sell it. These are the Pagdi system ownership rules that I am aware of:
1) As per the Maharashtra Rent Control Act 1999, the renter can be a co-owner of the property but not of land.
2) As a co-owner of the building, the renter does have the ability to rent and sell.
3) The house can be in the joint name in the Pagdi System.
Legal services provided by NoBroker are always available to assist you with any property-related issues.Your Feedback Matters! How was this Answer?
Thanks ,We got your reaction
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Authors Of The Question
In Pagdi System can a house be in the joint name?
Varsha
463 Views
1 Answers
3 Year
2021-12-20T10:18:31+00:00 2021-12-28T11:55:29+00:00Comment
Share