Hi, I am new to this forum. I do not have much knowledge about legal procedures on owning and sharing a property. My father had purchased a land in Bangalore in 2002, we built a duplex house in 2007. Then my brother was undergraduate so I and my dad paid the home loan amount for 5yrs. In 2012 my brother mortgaged the home to raise money for his marriage and to pay off few personal and other loans which were on mine and my dad’s name. The major share of the amount went in closing the home loan and for my brother's marriage. The mortgaged loan was taken on my brother's name for which he was the main applicant and I and my dad were co-applicant. For the documentation requirement the power of attorney on the property was given to my brother. My dad quit his job then, I and my brother were paying the loan amount shared equally among until 2016. In 2016 I and my dad had a misunderstanding and I left the home. For few months I could pay the loan amount share after which I was unable to pay. Currently my brother and his wife are paying the loan amount and my parents are living with them.
Now I am in a fix, since I cannot take another loan to build a home for myself as I am the co-applicant for the mortgaged loan. I do not have any documents of the property or any WILL on the property made. I asked them to sell the property to close the loan and share the amount equally among ourselves for which they are making reasons not to sell the property. When I ask my dad he makes reasons saying we will see in future as my parents does'nt want to leave the house. I have spent so much on the home for taxes, renovations, home expenses, etc and today I am living in a rented house with my wife and kid.
Please advise how do I move about to have some documentation done on the property to secure equal share on my name. I do not have any other investments or savings apart from this property.
