Property division
VIKAS
(Querist) 15 June 2013
This query is : Resolved
My grandfather expire last year He was not having any will. They had 3 son and one apartment which having 4 flat.
All brother on mutual understanding taken 1-1 flat and 4th flat they rented , money coming from that flat goes to maintenance of apartment.
These all they have documented on Rs. 100 Stamp paper in front of notary and each brother have taken one original copy of agreement. They have not done registry of flat but All brother updated their name in Nagar Maha Palika for property.
My question is how much valid this property division ? Is there any chance that any one from them not obey this division ?
What are problem may come in future ?
Rajendra K Goyal
(Expert) 15 June 2013
Better get a decree of partition from the court on the basis of mutual acceptance.