Agreement for Sale
fernandezyaho
(Querist) 26 February 2011
This query is : Resolved
The owner of the jointly owned property sells his share to the other co-owners by agreement for sale.
G. ARAVINTHAN
(Expert) 27 February 2011
Notary is a witness to that document and he can say only the factum of signing alone and not other things
adv. rajeev ( rajoo )
(Expert) 27 February 2011
No it is not necessary, but to identify the person who executes the AOS advocate's signature is better, Notary may ask for it.
fernandezyaho
(Querist) 27 February 2011
Thank you all so much for the reply.
fernandezyaho
(Querist) 27 February 2011
Mr. Shashikumar thank you for replying to my query.
M V Gupta
(Expert) 28 February 2011
You have stated that the co-owner sold his undivided share of the property to you under an agreement for sale. Please note agreement for sale does not confer title to you over the property unless the sale deed is executed in your favor with the requisite stamp duty and registered with the Sub Registrar of assurances (not the Norary).Further since it is undivded share you have to get it parttioned by metes and bounds and take possession of the property. For this purpose you have to get the partition deed signed by the other co-owners and in case they refuse to partition u may have to file a suit for partition and seperate opossession of the property.
