LCI Learning
New LIVE Course: Toxicology and Law. Batch begins 21st July. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

vernon (temp)     25 May 2014

Release deed without share ownership

Hi ,
Flat is currently in the name of my mother . She died without making nomination. There are 5 inheritors. 4 are for me becoming member, one is against. There is a deadlock.

Since NOC of one heir is not obtained, No transfer has been made. no membership is as yet obtained.
1 heir demands money for any NOC. and release of his share.

The payment for his share is not a problem . However,

Q : can this one heir sell his share with a release deed even before his share is legally transferred on the share certificate ?
or must the share transfer first be made before and person can relinquish his share ??



 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register