Ownership in case of joint names
Dipen
(Querist) 16 February 2013
This query is : Resolved
If a house is purchase in joint names and the agreement is silent on share of each owner then can it be assumed as 50% share i.e equal in case of 2 co-owners.....even if entire payment is made from one of the owners??
Deepak Nair
(Expert) 16 February 2013
Yes. Especially if they are spouses
Rajeev Kumar
(Expert) 16 February 2013
Yes both the co-owner have equal share right.
Deepak Nair
(Expert) 17 February 2013
Similar views by all
ajay sethi
(Expert) 17 February 2013
agree with experts
R.K Nanda
(Expert) 17 February 2013
yes, u can assume it.
V R SHROFF
(Expert) 17 February 2013
Equal Share to both
Raj Kumar Makkad
(Expert) 17 February 2013
I have also the similar opinion on this subject.
Deepak Nair
(Expert) 18 February 2013
Hope the querist is satisfied now