Joint registration- implications

Define the share of each in the purchase deed and register it. After the death of one co-owner, his / her legal heirs will be entitled only from the defined shares. In other words your parents in-laws would have 20% between them and your husband the balance 80%.

At the death of each parent his/her daughter would be able to inherit from his/her share. (In fact your husband too would be entitled from their respective shares)

Rsptd Mam, It is better to purchase a property in your husband's name and mortgage the same property before the bank to get the loan. by this way you can avoid the family problem as well as the loan issue.

Adv Aktar: From what we could find out is that the tenancy of common is not applicable to Hindu people, i.e it doesn't let the property be divided in different percentage. Please correct me if this is not the case. Santosh: Bank only gives 80% percent loan, that is the reason they're helping out with the down payment.

He also sees some REITs with exposure to Alberta providing good value for Canadian investors. “An example is H&R with 16 percent exposure to Alberta, the company has much more exposure to the U.S. markets. The higher U.S. dollar will offset exposure to Alberta’s office market,” Avery said to BNN last month, daniel white edmonton.