Based on your query, you want to know if you can separate from the existing MOU and sign a new one for your remaining share of the property, which is 62.5 cents, after the passing of your elder brother.
Yes, you can consider separating out of the existing MOU and signing a new one for your share of the property. Here are the steps you should take:
1. Legal Consultation : Consult with a lawyer who specializes in property law. They can help you understand your rights and the best course of action.
2. Review the MOU : Examine the terms and conditions of the existing MOU to see if there are any clauses that allow for the separation of individual shares.
3. New Agreement : If the existing MOU allows, you can negotiate and draft a new agreement with the third party for your share of the property (62.5 cents).
4. Legal Heir Certificate : Ensure that your brother's legal heirs obtain the legal heir certificate. This will help in transferring his share to his heirs and ensure there are no disputes in the future.
5. Amend the MOU : If the MOU does not allow for separation, you may need to amend it or terminate the existing MOU and create a new one.
6. Court Approval : If needed, seek court approval for the new agreement to ensure it is legally binding and enforceable.
Taking these steps will help you proceed with the sale of your share of the property while complying with legal requirements. It is essential to work closely with a lawyer to ensure all legal aspects are covered.
If you have any other questions or need further assistance, feel free to ask.