Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

sunil (service)     30 October 2020

Flat ownership

my father having one house(2bhk), all documents in his name.

now he wanted me to construct on 1st floor(2bhk), he saying that will be owned by you.

my query is what documents I should have to prove of my ownership for money which I invested,

and as we're two brothers and later how the property should be distributed among us.apart from the construction which I contributed.

plz guide..


Learning

 3 Replies

Dr J C Vashista (Advocate)     31 October 2020

Originally posted by : sunil
my father having one house(2bhk), all documents in his name. now he wanted me to construct on 1st floor(2bhk), he saying that will be owned by you.my query is what documents I should have to prove of my ownership for money which I invested,and as we're two brothers and later how the property should be distributed among us.apart from the construction which I contributed.plz guide..

@ Sunil,

How does your father own the flat i.e., self-acquired or ancestral ?

If it is self acquired get a gift deed executed in your favour and construct.

1 Like

P. Venu (Advocate)     31 October 2020

You would be the owner pg the new construction. You are the legal heir to the properties held by your father.

1 Like

sunil (service)     01 November 2020

sir thanks for your valuable suggestions, also if I will go for bank loan for construction purpose, is that also show as a proof of investment document in that construction along with gift deed.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register