Joint acquisition by non-resident spouse allowed subject to permitted funding routes and minimum marriage duration requirement. A person resident outside India who is not an NRI or OCI may acquire one immovable property jointly with an NRI/OCI spouse, excluding agricultural/farmhouse/plantation property. Consideration must come from inward remittance through banking channels or from a permitted non-resident account; payments by traveler's cheques, foreign currency notes or other unpermitted modes are prohibited. The marriage must be registered and subsisted for at least two continuous years before acquisition, and the non-resident spouse must not be otherwise prohibited from acquiring the property.
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Provisions expressly mentioned in the judgment/order text.
Joint acquisition by non-resident spouse allowed subject to permitted funding routes and minimum marriage duration requirement.
A person resident outside India who is not an NRI or OCI may acquire one immovable property jointly with an NRI/OCI spouse, excluding agricultural/farmhouse/plantation property. Consideration must come from inward remittance through banking channels or from a permitted non-resident account; payments by traveler's cheques, foreign currency notes or other unpermitted modes are prohibited. The marriage must be registered and subsisted for at least two continuous years before acquisition, and the non-resident spouse must not be otherwise prohibited from acquiring the property.
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