Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rashmi Pavan (Lawyer)     08 December 2020

Document

3 friends along with 1 broker have purchased the property to an extent of 2 Acres, now the government has issued a notification for acquiring 20 guntas land in the said extent and the said broker is ready to go out.3 friends along with 1 broker have purchased the property to an extent of 2 Acres, now the government has issued a notification for acquiring 20 guntas land in the said extent and the said broker is ready to go out. In this circumstance how to retain the land with said 3 members and what type of document has to be executed.


Learning

 1 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     08 December 2020

The three friends and broker are joint owners of the property.  So the broker can execute a release deed in favour of other three by taking amount.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register