Empty post. Please ignore!
Ronit 08 January 2016
Empty post. Please ignore!
Ronit 08 January 2016
Dr J C Vashista (Advocate) 10 January 2016
@Rohit,
1. Your sister has a share (1/3rd) in the property left by your father intestat.
2. She (your sister) is equally laible to maintain your mother with you, if she (mother) has no independent income.
3. Whatever gifted to your sister during her married life has become part of her "stridhan"/social obligation and cannot be accounted for, for the purpose(s) of adding/deducting from her share in the property.
4. Considering future brother/sister relation and social pressure(s) etc. it will be her (your sister's) sweat will if she relinquishes her share in your favour.
Relax & enjoy the life,
Best wishes.
Ronit 11 January 2016
I have no issues with my sister who will not do a thing to harm me but her husband and in-laws will pressurize her and create problems. As of today, dividing 2 flats in to 3 shares is not possible -so I suggested to my mom that I can give her a check of the current rate of 1/3rd share provided she relinquishes her 1/3rd share to me. I don't mind giving her more money than 1/3rd share of current rate of the 2 flats but my intent is to keep her husband out of my property because in future he will cause problems. If it goes in to dispute it is possible the court orders no one to live in the premises till an agreement is arrived at -where will I live then? Getting brother-in-law as a shareholder in my house is like letting a snake in my home -he will bite me to death :-(
Ronit 16 January 2016
Quick question: what if say my sister signs a legal document stating that I relinquish my share to my mother and brother in return of a lumpsum amount. Can she, in the future, revoke the legal declaration and then demand her share?
Dr J C Vashista (Advocate) 16 January 2016
The relinquishment deed is irrevocable and cannot be revoked, however, you have adequatly been advised by experts, if still you are not satisfied engage and consult a local lawyer.
Stop this thread please.
Kumar Doab (FIN) 16 January 2016
Agreed with Dr. Vashista.