Need your advice in the following matter.
A property belongs to HUF(4 brothers, 3 of them stay in the house and 1 stays in the other city).Now 1 brother(amongst the 3) wants to buy the portion of the 4th brother and 4th brother wants the same.
what are the legal consequences regarding the same..
thanking in anticipation!
status of property is remain joint. If the property can be divided for convenient enjoyment of each sharer,then your brother may retain his share. In case, the property canot be divided for convenient enjoyment, every sharer is entitled to purchaser another's share, provided on payment of highest bid.