Declaration executed

Querist :
Anonymous
(Querist) 26 July 2011
This query is : Open
my father has purchased a room in chawl in 1982 withour executing any document. he has paid 1/3rd of the consideration and remaining is paid by my grand father. however, my father has a paper containing all the details of the transaction and the signature of the Vendor. its not a stamp paper but has a revenue stamp. the ration card and electricity bills stands in my father's name.
it must be noted that the Vendor from whom my father has purchased was not legal owner, in fact no one was the owner of the said property.
We are living in the said property since 1982 without any disturbance and objection. however we received one legal notice from the court stating that we are not legal owner of the same but after that nothing has happened.
now said property is going under development and for that purpose the society has been formed by the members of the area.
Now, because of higher market rate of the property, my grandma and my uncles claiming rights in the property. my grandma says the property belongs to my grandpa as he has paid part consideration. they wanted my father to transfer the property in my grandma's name. they have executed a declarations in that regard and taken signature of my father. they have agreed to give my father 60% and remaining to all other legal heirs. the said declaration further says that my father has no objection in transfering the said property in my grandma's name. the said Declaration is notorized and signed by my father.