Asked in Property
Dear Sir, Execute a Registered Family Settlement / Partition Deed Parties: Father (Karta) You Both sisters (mandatory) Recitals must state: ₹24 lakhs was invested from HUF HUF relinquishes its interest Sisters give up their coparcenary rights voluntarily Consideration You may pay ₹24 lakhs to HUF (already proposed) Or adjust shares mutually Registration Register under Registration Act Stamp duty is concessional for family settlement (varies by State)
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