Can we purchase a house and get it registered in two names

709 votes

yes the registration can be done in joint names, however if any one person is taking a housing loan, then essentially the bank would not permit inclusion of any other persons name as joint owner of the property unless it is husband and wife. if both are funding it and one bank is lending the money, then no issues.

Advocate Kiran N Murthy LawRato

836 votes

Dear Sir, you have purchased the property by jointly investing the amount and it get registered in both names. If one of the you purchase the property and for the sake of add the party as buyer/purchaser in the said sale deed and get the registered in the both names.

Advocate Chandrashekhar Vithal Jadhav LawRato

589 votes

, you can register not only a two names, you can register more than two names also, but all the purchasers pan card is compulsory if the property value is more than 50 lakhs.
you can register not only a two names, you can register more than two names also, but all the purchasers pan card is compulsory if the property value is more than 50 lakhs

Advocate Prabhuswamy LawRato

512 votes

Yes. Both the parties can be co-owners or joint owners of the property. In the sale deed, you can also decide what ratio both will be co-owners in Eg. 50:50; 40:60 etc. as per your decision. My advice is based on the limited information provided in your query. It is not my final legal opinion.

LawRato LawRato

739 votes

Unless you both born outside India, you both can purchase and register the property in the joint names. After purchase, both will become joint owners of particular property. Khata shall also be stands transferred in the names of you both.
When it comes to next sale deed, you both must needs to join in for execution and registration.
Subsequent joint purchase, all other acts shall be in the joint names.

Advocate Narendrababu K C LawRato

171 votes

Yes, in India, a property can be registered in the names of two or more individuals as co-owners. This is commonly referred to as joint registration of property. Here are the key points regarding the registration of property in two names or more:

1. Joint Property Registration: Property registration in joint names is legally permissible in India. Two or more individuals can collectively own a property, and their names can be registered as co-owners in the property documents.
2. Ownership Rights: Co-owners of the property have equal rights and responsibilities in relation to the property, as specified in the property documents. This means that they share ownership, and their respective shares can be equal or as per the terms of their agreement.
3. Types of Property: Whether it's a flat, land, house, or any other type of property, it can be registered in the names of multiple individuals.
4. Advantages of Joint Registration:
   • Co-ownership allows for shared financial responsibilities, making it easier to secure loans or mortgages.
   • In case of the demise of one co-owner, the property rights typically pass to the surviving co-owners without the need for lengthy legal procedures.
5. Property Registration Process: The process of registering a property in joint names involves submitting the required documents and paying the applicable registration fees at the local sub-registrar office.
6. Legal Requirements: Ensure that all legal requirements and formalities are met when registering the property jointly. This may include preparing a co-ownership agreement if there are specific terms and conditions agreed upon by the co-owners.

It's essential to consult with legal professionals and follow the specific procedures and regulations applicable in your state when registering property in joint names. Co-ownership can have legal and financial implications, so it's advisable to seek legal advice to protect your interests.

Advocate Chikirsha Mohanty LawRato

494 votes

You can register property in joint names in several ways: Joint tenancy is a form of joint ownership where each co-owner owns an equal share. When a co-owner dies, the share of that co-owner automatically goes to the remaining co-owners. In tenancy-in-common, the coowners also have unequal shares of the property.

Advocate Chikirsha Mohanty LawRato