Asked in Property
If the property is being sold by all the three joint owners, sale deed should be signed by all the joint owners. If only one or two of the joint owners are selling then their right on the property ie undivided right only should be sold. If there is a house in the property then the sale becomes more cumbersome as Sec 4 of the Partition Act would be invoked. In that case the third party should sign the sale deed incorporating his no objection. In these circumstances the sale would be perfectly legal.
for further assistance contact me at 9888664900
maintain a register regarding maintenance and improvements on property. get signatures of each cosharer regarding expenses incurred by you on property every time.
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where is property located? is it multiple storey? who are occupant of property? are they co-purchasers relatives?
kindly give details of property like.... where is it located, is it residential, commercial or agricultural ,
what type of property is it ? commercial or residential
money spent on share can be proved by bills from where construction or maintenance is done.
if there are three co-owners of property, transfer of property can take place with consent of all three persons. name of all three persons should should be there in transfer deed, moreover their personal presence is required during registration of transfer deed . and you want that no one later on challenge transfer, make payment to co-owners through cheque or demand draft. if satisfied with reply kindly give like to my profile. for further assistance contact me at 9888664900.
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