Re: Legal opinion regarding release of credit balance of monthly rent of the bank premises to one of the legal heirs of the deceased landlord, Mr. x
………………. dated 12 March 2007 on the above subject.
From perusal of your letter and other documents it is apparent that Mr. x, land lord of the bank premises died on 01 July 2004. He left a number of heirs. Many of them are residing in abroad. Mr. y is one of the heirs is appointed attorney by other heirs to act on their behalf. Accordingly, Mr. y came forward to the bank and claimed the outstanding and future rents until the execution of further agreement with the bank.
In these circumstances, you require our legal opinion regarding release of credit balance of monthly rent of the bank premises to one of the legal heirs of the deceased landlord, Mr. x
At the death of Mr. x, the right to claim performance of the rent agreement with the bank rests with the heirs of the deceased as per section 45 of the Contract Act, 1872. Before releasing any credit amount to the heirs or their representatives, the Bank should obtain the succession certificate from the heirs issued by the Court in order to avoid any adverse claim from any heir. Thereafter, the bank can release the outstanding balance of rents and future rents to the Attorney appointed by all heirs of deceased Mr. x.
If you have any further inquiries please do not hesitate to contact us.
For: “The Lawyers & Jurists”
Legal opinion regarding refund of Tk. 50,000.00 collected through clearing against alleged fake FDD No. 1329637 dated 05.10.06, Account: Mr. x – a client of Bank 1.
Free WordPress Themes
The information contains in this web-site is prepared for educational
purpose. This site may be used by the students, faculties, independent
learners and the learned advocates of all over the world. Researchers all
over the world have the access to upload their writes up in this site. In
consideration of the people’s participation in the Web Page, the
individual, group, organization, business, spectator, or other, does
hereby release and forever discharge the Lawyers & Jurists, and its
officers, board, and employees, jointly and severally from any and all
actions, causes of actions, claims and demands for, upon or by reason of
any damage, loss or injury, which hereafter may be sustained by
participating their work in the Web Page. This release extends and applies
to, and also covers and includes, all unknown, unforeseen, unanticipated
and unsuspected injuries, damages, loss and liability and the consequences
thereof, as well as those now disclosed and known to exist. The
provisions of any state’s law providing substance that releases shall not
extend to claims, demands, injuries, or damages which are known or
unsuspected to exist at this time, to the person executing such release,
are hereby expressly waived. However the Lawyers & Jurists makes no
warranty expressed or implied or assumes any legal liability or
responsibility for the accuracy, completeness or usefulness of any
information, apparatus, product or process disclosed or represents that
its use would not infringe privately owned rights. Reference herein to any
specific commercial product process or service by trade name, trade mark,
manufacturer or otherwise, does not necessarily constitute or imply its
endorsement, recommendation or favouring by the Lawyers & Jurists. The
views and opinions of the authors expressed in the Web site do not
necessarily state or reflect those of the Lawyers & Jurists. Above all, if
there is any complaint drop by any independent user to the admin for any
contents of this site, the Lawyers & Jurists would remove this immediately
from its site.
If you require any further information, please do not hesitate to contact us.