Joint Property-Sale /Transfer of ownership rights to Third p

Querist :
Anonymous
(Querist) 08 June 2010
This query is : Resolved
Dear All,
I have a query on the Property with respect to society Bye Laws.There is a Joint Property premises in which there are two owners "X" & "Y" if the second Owner "Y" wishes to sale/Transfer the right to a third person "Z" for a consideration. I wanted to know is this transcation possible without actually entering into the sale of whole property. If yes what are the procedures to be followed and if No what are the other remidal measures which can help in effecting the sale/Transfer. What are revelant laws applicable with reference to the above case.
Your guidance would be highly appreciated.