one property is equally in the name of five brothers through release deed signed by sisters in 1988.
now brother no.1 and brother no.2 are grudgingly transferring their share to brother no.3.
is transferring through a hibanama on a simple plain paper safe enough.
we plan to sale this property soon enough. will the increased share valid on a plain hiba nama or do i have to get it registered somewhere.
we do not want to pay the stamp duty and brother no1 and no2 don't want to go to the registrar's office.
hiba nama seems authentic enough documenton the internet but on ground no one is willing to tell about its legal status.
i'm very confused. what should i do?