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raju   27 April 2016

Father gift deed to elder son ignoring younger son

My father bought 62.22 yds in vijayawada, while retiring with an amount of Rs.5.90 lakhs (source of unds is 1.90 with his retirement funds as Dhobi and 3+1 lakhs loan in sbi) for which Me last son and sister were sureity.

Later constructed g+1 house with 7+2.7 lakhs for which we both stood as sureity. I have three sisters and one brother, 3rd sister unmarried and me married. My unmarried sister staying at ground flor with my father and brother with wife staying at upside without rent.  Now my brother have purchased flat and not willing to vacate the house and not agreeding to give fund for sisters marriage

We quarrlled with eachother and now Father is willing to Gift deed to my brother ignoring the small son and unmarried sister, 

Whether my signature is required or not for gift deed?

Gift deed means? and whether i have any rights or not who stood sureity in all the loans?

The house is not slef acquired by my father (just 1.90 lakh of retirement funds) and loans paid by my sister and me, but borther is tricking and creating troubles and favoured my Father who is cheating all the family members.

Please give me some idea, i am very desparate.



Learning

 4 Replies

JustAdvisor (IT)     27 April 2016

who has title deeds to the house? your father or the bank?

raju   27 April 2016

My father has title and docs r in d bank still 3 laks loan running

raju   27 April 2016

My father has title and docs r in d bank still 3 laks loan running

Sudhir Kumar, Advocate (Advocate)     22 May 2016

already replied

 

https://www.lawyersclubindia.com/experts/father-giving-gifting-deed-to-elder-son-ignoring-small-son-596076.asp


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