Legal heirs for ancestral property
Querist :
Anonymous
(Querist) 26 July 2018
This query is : Resolved
Sir,
I have a property in the name of my father, have obtained staff home loan from bank and completed construction totally in the year 1998, loan amount 10 lakhs, now my grown up sisters along with brother-in-law's served me a notice to distribute total property equally, which is unfair, request advice, i can produce home loan documents from bank and other sources at that time. Request advice, received notice from advocate on 26 July 2018.
Also i am ready to distribute property but i cannot compensate my house loan at that time.
D Sudhakar
9494863015
Vijay Raj Mahajan
(Expert) 26 July 2018
Sit down and workout the solution to this problem with your siblings, avoid bringing advocates in-between this family dispute.
You are ready to share the property with your siblings but want the loan amount paid by you to be adjusted or shared during this settlement, this doesn't seems to be big issue if like sensible,educated people you all sit down, agree and reach to amicable settlement.
