Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

seshasayee (JTO)     22 January 2011

DEED OF PARTITION

DEAR SIR/MADAM,

 

I  WITH MY BROTHER ARE JOINT OWNER OF PROPERTY IN BANGALORE HAVING 3 FLOORS WITH PARKING SPACE AT BASEMENT.THE HOUSE WAS CONSTRUCTED BASED ON THE LAND WHICH CAME ON OUR NAMES BY  WAY OF RELEASE DEED ,BY MY FATHERS AND TWO BROTHERS AND ONE SISTER. NOW ONE OF BROTHER IS ASKING FOR SHARE. HE IS HAPPY WITH ONE OF FLOORS. AS THE HOUSE WAS CONSTRUCTED BY AVAILING HOUSING LOAN, WHAT IS THE PROCEDURE TO GIVE ONE OF THE FLOOR TO THE BROTHER WHO IS ALSO READY TO SHARE THE LOAN BURDEN.



Learning

 5 Replies

G. ARAVINTHAN (Legal Consultant / Solicitor)     22 January 2011

that is between you both the parties

G. ARAVINTHAN (Legal Consultant / Solicitor)     22 January 2011

that is between you both the parties

adv. rajeev ( rajoo ) (practicing advocate)     22 January 2011

it is left to you and your brother.

k.kumar raja (advocate)     22 January 2011

both aravinthan and rajeeve is right 

rajeev sharma (Advocate Ex senior manager law )     22 January 2011

you may settle on on conditions amomg yourselves but to avid any future controversy it will be better to get the agreement registered


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register