Conveyance
Suparno
(Querist) 27 September 2017
This query is : Resolved
My Mother and my maternal uncle jointly owned a house, which was redeveloped by going into a joint venture with a developer. Wherein it was agreed that both my mother and my maternal uncle get 50% share of the new g+4 building and developer gets 50%. Further it was written that my mother and my maternal uncle get first and third floor jointly. This agreement was executed in 2014. Post which my maternal uncle died in 2015 leaving behind my aunt and her son. Therefore, my mother and aunt with her son become joint owners of 1st and 3 rd Floor. Now when the building is completed in 2017. We want to sell our portion I.e. 1st Floor(we had mutually decided that my aunt gets 3rd Floor and we get 1st Floor) The developer too gave an allocation letter in his letterhead based on our mutual agreement. Now since I have got a potential buyer for my portion. I want to know what should I do. Do we execute a partition deed or we execute a deed of conveyance wherein my aunt and her son assign my mother to sell 1st Floor. Please suggest
Suparno
(Querist) 27 September 2017
Please suggest a remedy...this in Kolkata west bengal
Rajendra K Goyal
(Expert) 28 September 2017
Your mother is owner, she can sell her property.