Query about sharing ratio of property

arunsharma (Querist) 20 January 2015 This query is : Resolved
If any property have two vendee(purchasers), and the sharing ratio is not mentioned in the property documents, so wat would be the imlied sharing ratio of both the purchasers.

You are hereby requested to kindly give us the answer at the earliest.

I shall be highly thankful for your cooperation.

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Isaac Gabriel (Expert) 21 January 2015
It depends upon the considerations paid for the property by both and the terms if mentioned therein.If not mentioned,you both can come to understanding and agreement.

Laxmi Kant Joshi (Expert) 21 January 2015
If you both had not mentioned about your ratio / proportion in the property as per your consideration, now if you both are still in good understanding then you can make your understanding agreement mention terms and ratio of yours both in the property and get it registered .

Rajendra K Goyal (Expert) 21 January 2015
Academic query.

T. Kalaiselvan, Advocate (Expert) 24 January 2015
If there are no specific terms, the share f each individual in the property will be considered as equal.

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