Debt
kaushikphm
(Querist) 27 August 2009
This query is : Resolved
Dear Sir,
In ground floor of premises, there are two shops let out for 2 shops. This property is in joint name(My brother and myself). I am collecting Shop A rent and my brother is collecting shop B rent. Now, we planned to partition this property by metes and bounds.
But, my brother wants me to take shop B portion. Now, I came to know that my brother was taken some debt and the shop B ( Pawan broker), the shop owner is adjusting the interest from the rent. But, during rental agreement, both were signed as owner and during 2006, I sent letter to the shop B not to pay half rent to me. after some adjustment with my brother, I have pressed the shop B to pay the half rent. Kindly advice us whether I can take this portion
s.subramanian
(Expert) 29 August 2010
Yes. You are right. You can take this proportion.
