Romeo (ob) 04 December 2011
Respected Sir, Does settlement means one of the family member is given his share from the property and he cant claim his share from any other properties?
if yes, what if the other family member(s) settles a much less value property to one family member with out his knowledge? if that family member lives in the settled property for 4 0r 5 years with all the taxes paid in his name,does it means he has accepted the settlement? Sir,can you please share your thoughts on this
sridhar pasumarthy (ADVOCATE) 04 December 2011
Dear Romeo,
Your notion is absolutely wrong.
The settlee will get right, title and interest over the properties that were conveyed through settlement deed if it is executed on requisite stamp and as soon as it is registered as per law.
He will not loose any rights over other properties.
kvss.prabhakar rao (Advocate ) 04 December 2011
Mr, Romeo Sridar is correct. get the same registred or other he would loss.
Romeo (ob) 04 December 2011
Sir ,Thank you so much for your replies on my question .This clears my doubt.
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