Property ownership advise in case of dispute
25-Jan-2023 (In Property Law)
If I have registered a property jointly with another person, is there any other legal document/procedure that can supersede this in case of dispute with the other person
This is my response to you:
1. Since you have entered into an agreement with the person then you both are equal owners of the property;
2. You both can make a supplementary deed stating that in case of dispute you will opt for arbitration;
3. You can also make an indemnity bond so as to hold the other liable in case of dispute with third parties;
4. Consult a local lawyer and take steps.
1. Since you have entered into an agreement with the person then you both are equal owners of the property;
2. You both can make a supplementary deed stating that in case of dispute you will opt for arbitration;
3. You can also make an indemnity bond so as to hold the other liable in case of dispute with third parties;
4. Consult a local lawyer and take steps.
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
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