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can my friend buy 50 percent of plot for me?


22-Sep-2023 (In Documentation Law)

I have a plot at yamuna expressway which is authority plot. My friend wants to purchase 50% of this plot ,but legally it without blood relation two person can't share property.Please advise if we can do by agreeing on some MOU.

Answers (1)

Answer #1
362 votes

As per law there is not provision which states that two people without blood relation cannot have a joint property.

If you want to sell your 50% share in the plot you can execute a sale deed and sell your 50% share to your friend.

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