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Sachin (DH)     04 April 2010

Share Certificate

Hi,

My relative is in the process of buying a property. The property consists of 2 adjacent flats which are interconnected. The propert has only one share certificate for both the flats. Is this valid?

Also, in case, after 3-5 years, my relative plans to sell a one half of the house to one party and other half to another party, would he be able to do the same? how will he be able to do the sale , since he would have only one share certificate

Please advise.

 

Regards

Sachin



Learning

 2 Replies

bhagwat patil (Property due diligence 9422773303)     04 April 2010

is the owener of the both flats is same. ask him to aquire two different shares for each flat.

Darshan Panchal (Advocate)     04 April 2010

An application will have to be made to the society stating the aforesaid reasons for getting two share certi in respect of one property which will take up the matter in next AGM and may issue two certificates


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