I have a friend who has brought joint property along with his wife. Detail of contribution is as follows:
1) Loan amount : 50%
2) Husband mother contribution(pension and savings) : 20%
3) Husband contribution(Salary) : 25%
4) Wife contribution via salary: 5%.
All transaction are white transcation via cheque and DD.
Property is jointly registered by husband and wife (with No % percentage ownership share documented in sale deed). Also, husband and wife are co-applicant of loan. But only husband is paying EMI alone.
My friend and his wife are planning to divorce, I would like to know what are claims of his wife,
1) Does his wife will get only 5% share ?
2). Does his mother(husband) also can make claim on property?