Dear Sir,
We have property in south Mumbai which is on pagdi system. Our family was staying in this property for more than 50 years . At present ,rent receipt of this property is on the name of my grandfather's name who passed away almost 30 years back . My father has been paying rent to landlord all these years however land lord has stopped accepting rent for last 2 years as some of tenant has done illegal construction . Although ,we haven't done any illegal construction ,our rent was also stopped with other tenants .
Recently , landlord has approached us to transfer rent receipt from my grandfather's name to my father's name under some consideration as they are planning to sell this property builder. However, my father wants to transfer it to my name instead of his name and he agreed to give it in writing to land lord which land lord agreed . My father don't have any brother or daughter . I have 2 sisters and brother but father wants to transfer this tenancy to my name as he is staying with me. According to land lord , if my father gives in writing to transfer it to my name then he doesn't require any NOC from my brother and sister. Is it acceptable legally ?
Just to add ,we are not staying at this property at present . Kindly help me with your valuable advise
Thanks
