Thanks for the advice. I understand what you had mentioned but my mother is not doing it at her will. She is being coerced by a brother of mine who wanted my share of property. What if I refuse to accept the advance?
The tax was paid for more than 20 years in my name. Besides this memorandum, there is another agreement which reads as follows.
This indenture made this the (date) between (my mother's name) w/o Sri (my father's name) on the 1st part (myself and my brothers ) of the above named ( my mother and father's name) on the 2nd, 3rd and 4th part respectively witnesseth as follows:
Whereas Nos. 1 to 4 had entered into a transaction by way of equitable mortgage by deposit on title deed in respect of the A, B, C and D schedule properties on (date)
Whereas Nos.1 to 4 had since then entered into an oral family arrangement on the ( date) to maintain peace, understanding and harmony among the as members of a family and by such family arrangement, the properties described in ABC and D schedules herein had been allotted respectively to Nos. 1 to 4, they having in the meantime applied for mutation of names in their favors to the local authority, viz. The Municipal Corporation of (city).
Whereas one item of the property described in the D schedule hereto had been gifted to Nos.1 to 4 by document No. (number) of (year) of the joint Sub Registry Office, (city) to be enjoyed as tavazi property and now is being held by them in that capacity.
Whereas difference of opinion are likely to arise among Nos1 to 4 on the mode of agreement and administration of the said schedule property. Nos. 2 to 4 do therefore hereby authorise No.1 among them (my mother's name) the mother of Nos. 2 to 4 , to keep exclusive possession of the D schedule property to collect the income therefrom to maintain the same and to utilize the surplus proceed for the benefit of Nos. 1 to 4. to which no.1 has hereby agreed and witness thereof Nos. 1 to 4 have signed this (date) at ( city name )
Kindly advice on the above matter. One of my brother says the above agreement is invalid as well and forcing my mother give the advanced money to me to relinquish my holding on a property he is interested in.
Thanks so much.