LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sale Deed/Settlement Deed between married sisters?

Querist : Anonymous (Querist) 29 August 2010 This query is : Resolved 
Dear Sir,
I am a married lady. My father
(80yrs--now alive) has made a Family Arrangement Deed in the year 2000(not registered) for dividing a plot of land(2400 sft) in CHENNAI, among his 4-married-daughters and subsequently 4-flats were constructed there.

Now if one daughter wants to sell her 1/4-undivided-share (i.e) 1-flat, to another daughter, what is that deed is
called? Is it called sale-deed (or) Family settlement deed? (or) by any other name? Should it be registered?

Expecting an early reply Sir
(E-mail: bcskal@rediffmail.com). Thanks.
Chanchal Nag Chowdhury (Expert) 29 August 2010
The one daughter intending to sell her share to another may very well do so by selling her undivided 1/4th share to another by a registered Deed of Sale.
s.subramanian (Expert) 29 August 2010
It can also be by a deed of gift since you happen to be blood relatives.
Rajeev kulshreshtha (Expert) 29 August 2010
Sale Deed Or Gift Deed.It must be registered


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :