sell of share in joint property
MOHAMMAD RIZWAN
(Querist) 27 June 2017
This query is : Resolved
I am four brothers and we have a joint property in my mother's name ( mother expired ) . I and two brothers with me want to sell our share (3/4) of the joint property .I want to know that can we sell our share to any person.
r.sathyanarayanan
(Expert) 27 June 2017
First of all those who all want to sell their undivided share have to offer to other joint owners with the price at which you intend to sell your share to the other joint owners with a timeframe within which they can accept .If they are not showing interest to purchase at that rate ,then you can sell your undivided share.
Rajendra K Goyal
(Expert) 27 June 2017
You can sell your undivided share in the property, share need to be determined as per personal law applicable in your case.
Kumar Doab
(Expert) 27 June 2017
It may be wise to offer to co-sharers.
Sankaranarayanan
(Expert) 27 June 2017
better to convince your brother for your wish or you three ask your brother to buy your shares
Rajendra K Goyal
(Expert) 28 June 2017
I have mentioned one option, you can adopt other option otherwise if amicable settlement is possible among co sharers.
Kumar Doab
(Expert) 28 June 2017
Chose the perspective that is workable and suitable in your case.