Property Property

3 years ago

My son is demanding for his share of the ancestral flat by asking for its equivalent money to be paid. What is the process to get this done? What options do I have to determine the correct flat value as of today? What all documents need to be taken from him after payment of his share.

Srinivasa Prasad

Responded 3 years ago

A.You can get the flat value from the concerned Sub Registrar or District Registrar of your place i.e., Market Value Certificate of the Flat can be obtained from there.
You can get family settlement deed executed by your son or get release deed from him.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Kishan Dutt Kalaskar

Responded 3 years ago

View All Answers
A.you may approach the civil engineer.
Please give me Rank 5 and Review my Resume and Follow me if my answer satisfies you.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Sanjay Kumar Jha

Responded 3 years ago

A.Dear Client,
If you are ready to pay then ask the fair value of ur property in your area then , do the payment or ask any builder for value.
Thanks
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Suneel Moudgil

Responded 3 years ago

A.you son cannot make a claim on the ancestral property during your life time, however, you can settle as per the fair market price
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Satheeskumar V

Responded 3 years ago

A.Being it is ancestral property during your lifetime your son has no role to demand it as right. If you have decided to give a monetary compensation to your son then you can be enter into partition with him for registration and future safety
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconBalcony extension
Dear Sir, Yes, you can do so with the formal permission of either association people or builder. You may file representation before them and get consent.
question iconDigging borwell infront of my house without permission
Dear Sir, How to File a Harassment Complaint Against a Neighbour Is Calling Police an Option? Yes, calling a police if your neighbor harasses you is an option to go with. You have the option to call t...
question iconProperty documents
Dear Sir, It is not safe to give your originals to any broker. Thereafter, they may blackmail you.
question iconRight over mother's ancestral property
Dear Sir, You have no rights over ancestral property of your mother during her lifetime since it is her exclusive Streedhana. She may execute a Will or alienate the property as she may wish.
question iconTransfer of property to wife after demise of husband
Dear Client, According to the law of inheritance, on the death of a person, his legal heirs have a right to inherit the property. So, in this case, the mother and children being the legal heirs of th...