Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Prasad Kailaje   16 August 2015

Inheritence of apartment

What is the procedure for division of an apartment which is currently in elder sister's care and younger sister wants to buy? Booth parents are deceased. Apartment was in father's name with elder sister as nominee. Family is Hindu.


Learning

 1 Replies

Kumar Doab (FIN)     16 August 2015

The nomination in Flat is not a parallel route to succession. It is mere for administrative convenience of dealing with day to day affairs.

 In case of Hindu male dying in estate the ClassI legal heirs are spouse and children. Since spouse has also deceased the ClassI legal heirs present are 2 daughters.

The society office shall provide the requisite forms/formats/process for transferring share and both can complete the process.

The willing sister can relinquish her share in favor of other or both may opt for amicable family settlement and register the deed.

 

A local lawyer well versed with local laws can advise further.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register