selling of co-owned lease hold property
raju
(Querist) 01 May 2010
This query is : Resolved
DEAR SIRS.
WE HAVE A LEASE HOLD PROPERTY WHICH WAS ALLOTED BY THE LAND AND DEVELOPMENT AUTHORITY.THIS PROPERTY IS IN JOINT NAMES OF MYSELF AND MY COUSIN..IS IT LEGALLY POSSIBLE THAT I CAN SELL OFF MY SHARE IN THE PROPERTY WITHOUT THE CONSENT OF THE CO- OWNER (I.E MY COUSIN )IN THE OPEN MARKET. (I WANT TO DO SO WITHOUT HIS KNOWLEDGE AND CONSENT}..PLEASE ADVICE .
THANKS AND REGARDS,
RAJESH
bhagwat patil
(Expert) 01 May 2010
If u have undivided share u cant. get the property divided then u can sell.
n.k.sarin
(Expert) 01 May 2010
no doubt you can sell your undivided share in the property without the consent of your brother, but the purchaser can not get possession of the same.