Mhada property transferred

koustubh bhide (Querist) 19 July 2013 This query is : Resolved
When MHADA property owner dies without a will, how can the MHADA property be transferred to all the children (in this case 5) to ensure that once the property is sold-off, everyone gets their equal share from the proceeds of the sale, without having to put trust into one another? Can there be a trust set up to do this? Please suggest !

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Devajyoti Barman (Expert) 11 August 2013
If one dies then automatically his legal heirs becomes its owner. So where is the need for separate document??

ajay sethi (Expert) 11 August 2013
is cooperative society formed? has the deceased left any nomination ? post complete facts of your case

V R SHROFF (Expert) 11 August 2013
Mhada property cannot be sold or transferred during it's Locking period of First Five year, or as per their individual contract.

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