Hello all,
My bother and me entered into an agreement on 7.10.2016 to decide sharing of ancestral property of three flats. I was to get two flats and he got (one flat and parental other assets like cash, stocks, jewelry). We signed an agreement and we notarized it. Then he took control of all cash, jewelry, stocks, bank accounts. It was a fair partitioning.
Now my sister in law went to a lawyer and she says that agreement was not registered so we need to sign a new one. I said OK but now she is saying that we need to sell one flat that I got and split that money. She says it is more value than what they got as alternative.
I checked with one advocate and he said that notary agreement is not good if it is not registered as it is for real estate property. He said it is "void" and was always "void" as it was not registered. But my brother got something of value from it. Can he say it is void now after he got flat PLUS other monies which he says he has liquidated and spent.
PLEASE HELP.