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Akash (XYZ)     27 June 2017

Nomination in society in mumbai

I jointly own a property with my wife in a cooperative society in mumbai. My wife's name is  first on the share certificate and my name is the second holder. The property purchase agreement is also in our joint names. My wife passed away a few years back. I have not intimated the society of my wife's passing and as per the society records the property stands in our joint names. We have adult children. My wife did not have a will.

My question is : Can I make a valid nomination? If so will the nomination be for the entire100% since I am the joint holder or would it be only for 50%.

I look forward to this forum for your learned advice.



Learning

 2 Replies

ROJUKURTHI SUDHAKAR RAO (MANAGER -MIDDLE MANAGEMENT )     27 June 2017

Dear Akash , Sir , 

I provide you the following Link for your doubts .

https://www.lawyersclubindia.com/articles/Analysis-on-Nomination-in-housing-society-7787.asp

---- Sudhakar Rao , 

27/6/2017 .

 

Kumar Doab (FIN)     27 June 2017

The author of the article Expert Mr. Hemant Agarwal  has been posting on such matters his precise and concise suggestions in threads at LCI.

You can benefit from his counsel.


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