sir, me(primary holder) and my wife are joint holder of a flat at thane. I have only daughter.
whose name should I add in nomination form.? Does my wife became next owner automatically after my death or only nominated person will be the heir? Even society is unanswerable.
Since its a joint name. Hence, you are having 50% share in the property and similary your wife also holds 50% share in the property. Incase something goes wrong with you your wife a joint owner would not directly becomes the complete owner of the property, untill and unless the legal heirs i,e, your daughter gives her Non Objection in writing to the society in favour of her mother.
Thus, it is advisable that you and your wife fills up the nomination form in favour of your daughter, if she is minor then you need to appoint the guardian too. For further query, you may visit www.dalmialaw.com or cal on 9324538481.
Regards
Adv. Rohit M. Dalmia
