Hi
We are two brothers and our mother had distributed her property between us before her expiry. I have been given a land property whereas my brother got our house along with some land.
Since he is not staying in the house , I want to exchange the properties between us. But my brother is not willing for full exchange as he want to hold on to the property given to him by mother.
In such a case , is it possible to register only the house in both of our names and exchange only the land portions?
What will be the registration duties involved?
Afterwards, if there need to be a demolition and rebuilding of the house, how it can be handled?
Please advice.
Thanks in advance..
Sunil
