Dear Sir,
My mother has a pent-house in a flat. She has two children, me (female, married 30 years) and my brother (married, 33 years). I was staying separately with my husband and my mother stayed with me taking care of my kid. My brother was living in my mom's house. There was some unbuilt portion in my mom's house. So my mom told me that she wanted to give half share of the property to me and half to my brother. So she told me to build that unbuilt portion. We spent nearly 4 lakhs on that house and made a single house into two portions; one for me and one for my brother. We both siblings are staying separately in each portion and my mother stays with me. My brother not spent even a penny on that house from the time of buying.
After building, my brother asked my mother to give the house document as he wanted to do business by pledging that document. The house was in my mother name. I refused on pledging the house document. But he somehow convinced my mother and pledged that doc for 2 lakhs and started business. After say 1 1/2 years everything went in loss. Now they were unable to get back the document.
My mom asked me to get that document which costed me around 2.6 lakhs with interest. Now I asked my mom to partition the document and give my share and she accepted it. So totally it costed around 6.6 lakhs for me to get that house. So while partition should I go for a settlement deed or shall I opt for a sale deed to avoid any confusion in the future. Me and my brother are not in talking terms and anytime he may give problem. Requesting your earliest reply.