House which i am living is in name of myGrand father and empty land in name of my father. Both of them passed away. My dad is only son to my Grandfather.
We are 2 sons and I am living with mother. Now i want to register the house in my name by paying to brother but land we are not sure yet (because he asking very high price)
some one has recommended me go for family Settlement option registration which is only 1% registration cost but he has mentioned in family settlement it has to be only one go in that it has to be sort out with land also. later stage land registration wlill not happend because for mother & brother signature invaild. is this statement is true?
Can i do family settlement option specify to one property i.e Grand father house property and later to land?
Please advise any demerits in family settlement option in future.