Property not shared equally and others do not know actual value
Anuradha
(Querist) 25 August 2015
This query is : Resolved
My grandfather and grandmother have passed away without leaving any will.
The property which my grandfather acquired was from his ancestral property.(now in grandfathers name)
They have 2 sons and 2 daughters.
divided between them as : (mentioning total value of property is 11 laks)
2 sons have divided as 5 lak each for 1.house(son 1) and 2.land(son 2) as the property value(but original value is 1.house=around 20 laks, 2.land=around 2crores.) and 2 daughters divided remaining 1 lakh half.
1 son and 2 daughters do not know the actual value of the empty land .. they just thought it will be equal or less to 10laks as mentioned.(as said by son 2)
questions?
1.can the siblings claim anything as wrong value is mentioned?
2.can the grandsons and granddaughters claim anything? as not aware of the registration done by their parents
3.how this can be redone and shared equally among the siblings?
PS : I have posted same query in two categories, as not sure which is the right one. Pls delete the post in the wrong category. Thanks
P. Venu
(Expert) 25 August 2015
Has the partition deed been executed? If not, the legal heir(s) can file a partition suit.
Rajendra K Goyal
(Expert) 26 August 2015
Consult local lawyer, show him all the documents in the light of then circle rate / local law and discuss.
Rajendra K Goyal
(Expert) 26 August 2015
Repeated query:
http://www.lawyersclubindia.com/experts/Property-not-shared-equally-and-others-do-not-know-actual-value-556001.asp#.Vd1fWSWqqko