Settlement deed
balachandran
(Querist) 19 December 2016
This query is : Resolved
Sir I bought 1 ground emda approved land with my brother as undivided in 2004 by home loan. In 2010 we closed the loan for registration between me and my brother, but he didn't agreed for partition deed. Now a month back we sub divided the land by local authorities as one part A and other part of the land as B. Again he is creating problem for settlement deed for which he agreed for sub division. The plot is divided as 2 half grounds and our name is also mentioned separately.
My advocate told me a solution that I can give my half ground to my wife by settlement deed even it is not registered by me or him by any means [ partition,settlement or release deed ]. Is it possible to settle my share of ground to my wife that me and brother agreed as orally ? Please solve my problem without going to court to get my share. Thanks.
adv.bharat @ PUNE
(Expert) 19 December 2016
You can do settlement deed for your share in that property.
balachandran
(Querist) 20 December 2016
Thank you for your reply sir but please explain me in detail that can I settle my half share of land to my wife ? Because my brother and I am not registered the land as partition, settlement and release deed. We have sub divided the land in half grounds in our names separately by local body. Please help me, thank you.
Kumar Doab
(Expert) 20 December 2016
Is it the same query:
http://www.lawyersclubindia.com/experts/Correct-deed-316686.asp
Kumar Doab
(Expert) 20 December 2016
Is the sale of the plot registered in your and your brother's name?
Whats is this division; "The plot is divided as 2 half grounds and our name is also mentioned separately."?
If this division by the authority is valid; then what is the issue?
In any case if the plot is registered in your name then you can dispose your share by a valid deed.
Rajendra K Goyal
(Expert) 20 December 2016
All related documents need to be referred, discuss in detail with your lawyer. May take second opinion in case of need.
