Hi,
I have a query regarding the partition of the property,
Property: 6 acres of vacant land.
We belong to hindu family, residing in Tamilnadu.
My grandfather (he (1993) and his wife (2004) deceased) had 2 sons and a 1 daughter, all are married. Their children (includes me also) have attained majority (18 yrs of age). First son has 3 sons, the second son has 1 son and the daughter has 1 daughter and a son.
Now 2 (my father and his Brother) sons are planning for a partition of the property, the daughter(my aunty) has accepted money instead of Land.
1. In making the documents for this partition is it necessary that all grand children name has to be mentioned along with their shares in property?
2. or can we make a document as if the 2 sons and 1 daughter making partition among themselves. If such a document is prepared and no grand children signs the document, will the document bind the grandson or will it be open for grand children for dispute in the future.
3.or if the document is signed by all grandsons as witness, will the document be safe.
4. or is there any other way to document it???
Question: which way of documentation will be safe for all of us?
Thanks in advane for reply....