90,000+ Legal Questions Answered
Joint property
3 years ago
I am joint owner of a property. That property belongs to 8 people. Now 4 of them gift their portion to me.legally the owner of that property now is 4 person. One of them want to purchase whole property & tell me that he give me a rate of market value but registration process should be gift deed. Is this safe process for selling my share?? Or i have to file partition. During partition case can i carry on my stay on that property? I do not stay together with that person, he already had separate house, but suddenly he saying that i also want to stay at this property cause his portion is there.
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
You can enter into a contract with the party demanding possession for some time.
If you like my answer, please give a good review.
You can enter into a contract with the party demanding possession for some time.
If you like my answer, please give a good review.
Helpful
Helpful
Share
A.Hi,
If you wish to reside on the property, don't sell it as the owner will have the title then. If you wish to sell the property, get an agreement done with the person to allow you to stay at his property for a specific period of time.
If you like my answer, please give a good review.
If you wish to reside on the property, don't sell it as the owner will have the title then. If you wish to sell the property, get an agreement done with the person to allow you to stay at his property for a specific period of time.
If you like my answer, please give a good review.
Helpful
Helpful
Share
A.Yes if One of them want to purchase whole property and that he gives you a rate of market value but registration process should be gift deed. It is safe process for selling your share.
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Hope this information is useful
ADV. ANISH PALKAR (High Court)
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Hope this information is useful
ADV. ANISH PALKAR (High Court)
Helpful
Helpful
Share
Read Related Answers
CHit Fund
Dear Client,
When a person issues a cheque against a promise or against any refund of money refundable by her or him and in the absence of any agreement, the cheque receiver holding the said cheque i...
Terrace rights
Dear Client,
The rooftops of the Building are also known as an open terrace and a part of the common area useable for all the floor owners of a multistoried building. Legally, a Landowner or Builder...
Disciplinary process for officer rank employee and a management staff.
Dear Client,
Holding a managerial position in the company, you have to pursue your grievance in respect of fairness or unfairness of disciplinary proceedings that ended up imposing harsh punishment be...
Repairing require for 4 storage Building
Dear Sir,
Every major repair to any building requires permission from local authority like KMC etc.
Disciplinary process for management staff
Dear Sir,
The charge officer to protect himself taking the signature of charge sheeted person on the order sheet, otherwise the charge sheeted person may question tomorrow that he does not know the co...
Read Blogs on Civil
Civil Lawyers
Find Lawyers by Location