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Separation from live in relationship

(Querist) 21 September 2015 This query is : Resolved 
Dear Sir/Ma'am,

Five years back a old family friend of us started living in our house and we accepted him as our father, since my mom is already divorced and we were looking for a partner for her. But after few years we came to know that he already has a family and cannot marry my mother legally. Now they have decided to separate and we don't want any relationship with him. PROBLEM is he had put some money in one of my apartment and he wants it back. The apartment is registered on my and my mothers name and I have taken a housing loan for the same. And on mutual understanding I am ready to pay back his share in a full and final settlement. I spoke to few lawyers and they say a mutual agreement on stamp paper is enough. I want to be on safer side as I don't want him or any of his family memeber to come back in future and claim any right on property. What all important points should I cover in agreement ? And do I need to register the agreement or notary is enough ?

It's a bit complicated scenario and I strongly believe this is the best platform where I can get some help.

Going for a agreement in 3 days, request your assistance please .

Thanks in advance !
SAINATH DEVALLA (Expert) 22 September 2015
How do U presume his family members will claim right over the property in future when it is registered on UR and UR mother's name?
He is only a distant relative and not UR step father.

Regarding the money to be returned to him,just take an acknowledgement from him on a stamp paper mentioning the contents and duly witnessed.That's enough
Kumar Doab (Expert) 22 September 2015
Repeated Query:


http://www.lawyersclubindia.com/experts/Full-Final-settlement-on-Separation-561526.asp#.VgEVlH1-jMo
Kumar Doab (Expert) 22 September 2015
The comments of the expert are quoted in repeated query.
CHRIS (Querist) 22 September 2015
Thanks a lot Sir, my mistake I raised the query twice as I was not sure if it will come under civil or family.

As suggested I am getting this agreement prepared, but when I asked for a witness from his side he introduced a person who is not known to me(As per his ID proof he seems to be a college student). In this case can my lawyer be a witness from my side? As I won't be able to trace his witness in case he breaks the agreement.
SAINATH DEVALLA (Expert) 22 September 2015
Gentleman,
Don't waste the time of the legal experts by repeated queries.
Rajendra K Goyal (Expert) 22 September 2015
No reply if query repeated.


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