LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rakesh   29 November 2015

Family arrangement deed

We are 3 brothers & a sis. We have 2 house properties in 2 different locations in the same city, both made by my father who is no more. 1 property is in his name & the 2nd one in the joint name of my mother (who is no more) & my aunt (father's sis). My aunt is ready to leave her title. In this case (1) can only one Family arrangement deed can be made or there should be 2 different deeds? (2). Which is better among Family arrangement deed, compromise deed & gift deed? Thank you.


Learning

 4 Replies

Nitish Banka (lawyer)     29 November 2015

you have to prepare relinquish deeds of those leaving property and familty arrangement deed must be registered

Thanks
Nitish Banka
9891549997

Rakesh   29 November 2015

Sir, can one deed been done for both properties & for all the brothers & sister? And, Relinquish deed & family arrangement deed can be drafted as one or do they need to be separate?

b.goheel   30 November 2015

m also sailing in same boat like u. situation slightly differ

"

We are 3 brothers & a sis. We have 2 house properties in 2 different locations in the same city, both made by my father who is no more. 1 property is in his name & the 2nd one in the joint name of my mother (who is no more) & my aunt (father's sis). My aunt is ready to leave her title. In this case (1) can only one Family arrangement deed can be made or there should be 2 different deeds? (2). Which is better among Family arrangement deed, compromise deed & gift deed? Thank you.

Sir, can one deed been done for both properties & for all the brothers & sister? And, Relinquish deed & family arrangement deed can be drafted as one or do they need to be separate?

Rakesh   02 December 2015

b.goheel, did u get any other response/solution?

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register