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How to transfer my share of property among my relatives
12-Nov-2023 (In Property Law)
My father is holding a 3 BHK flat in mumbai in his sole name which he had purchased on his own. We want to settle the property between me, my brother, and my sister. If I pay the agreed portion of money to my brother ans sister and want to settle the property rights what is the best way to execute?
Yes, you can settle the property rights the way you said but after paying their share consideration amount they will have to file NOC before court and they will be treated as non applicant. And the property will be in your name by paying requisite court fees. For further queries you can contact me...
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Adv. Shashi Chaturvedi
Thane | 100+ Answers
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Dear Sir/Madam,
If you all agree to going to pay portion of money to your brother & sister against the property then you should execute relinquishment deed between you, your brother & sister for release right of same property.
For detail contact me.
Thanks
If you all agree to going to pay portion of money to your brother & sister against the property then you should execute relinquishment deed between you, your brother & sister for release right of same property.
For detail contact me.
Thanks
Helpful?
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Adv. Mayur Sarode
Nashik | 100+ Answers
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Dear Sir/ Madam,
You will have to execute a Deed of Release which is also called Hakk Sod Patra in Maharashtra, thereby paying your brother and sister and accquiring thier share in the estate of your father.
You will have to execute a Deed of Release which is also called Hakk Sod Patra in Maharashtra, thereby paying your brother and sister and accquiring thier share in the estate of your father.
Helpful?
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Adv. Mohammed Zain Khan
Mumbai | 100+ Answers
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