Q 1. I am
interested in selling a piece of land registered in my name.
My
questions are:
1. Is
there any legal issues in selling from single owner to Joint Owners? (3
brothers)
2. How
should the payment be received, individually or a Single payment from one of
them. Is there any legal problem later with this?
3. Since
I do not prefer cash payment, I am insisting on a Single Cheque payment
and like to register the sale deed only in the name of the person who gives the
cheque. IS this OK
4. Is DD
payment safer than cheque, but I may not know the source or share from the brothers,
or who paid the amount for the DD, and I don’t want to face any trouble later. Thanks, Vk.
Ans. The answers to
your questions are as below:
1.
There
is no legal issue in selling a piece of land from a single owner to joint
owners.
2.
Receiving
single payment is also not a problem and even receiving separate payments is
also not a problem.
3. You
can demand cheque payment, but registering only in the name of the person who
is drawing the cheque/DD is not necessary, as if the buyer has no issues adding
the other 2 names, then even you should not have it. All three might have
pooled in the money or there must be reason they want all the 3 names as
buyers, so it does not matter and even you should not dispute this. It is the
lookout of the buyers to demarcate their individual rights and shares in the
sale deed. To be made.
4. Receiving
DD is more advisable. You need not know the source of the funds, but as
mentioned above, you can or the buyers can mention their shares in proportion i.e.
in percentage, which will help them in future in case they sell or divide the
property.
Q 2. I would like to have your expert advice on a real case study of a
residential house dispute among siblings (i.e. my father and his 4 nos. sisters
and grandmother).
It is
around 20 years back; my father has filled the allotment application
with my Grandfather’s name. Subsequently after flat allocation, due to
financial constraint with my grandfather, my father has deposited the entire
amount to take the possession of flat.
We are
staying in the house since then, and still the house registry is pending due to
one of the reason of case been filled by Father's sisters asking for the
equal proportion in the house including my grandmother.
My father
also has sold out a land to submit the money for possession 20 years back.
Now, the
situations are like that it shall be resolved in the court itself. Despite of
knowing the financial constraints of my grandfather, the payment of the house
has been made by my father.
Now,
since my grandfather didn't had any role except the allotment has happened in
his name. How do you see this case? Can the court will see all these
details or it will be divided in among all six (my father / grandmother and 4
nos. sisters)
All my
father's sisters are married and well placed long time back. Best
regards, AB.
Ans. Well, if you think, your father
can prove that, the funds have been paid by him, and then there is a
possibility that the Court can decide the case in your favour. However, in absence of this, since the
property bears your grandfathers name, the court may order equal share for all
legal heirs, it is better to go for mediation and settle the issue, instead of
allowing the case to go on for years.
No comments:
Post a Comment