My father was alloted a flat by his organisation under hire purchase scheme in year 1987.There was a loan of 20 years, which was paid fully in 2008.
My father died in 2003. He had nominated my mother as sole (100%) member , so the flat got transferred in her name.
We are 4 legal heirs apart from my mother. My mother died in year 2015. She nomonated me as sole (100%) member, so flat got transferred in my name in 2015.
My name appears on the share certificate, on electricity bill, maintenence receipt.
Society has issued NOC for the prospective buyer, indicating there is no mortgadge, lien, encumbrances etc aginst the property and the title is clear and marketable.
Since father's death till today, i am the only person who paid the society maintenance, and looked after my mother , with no financial help from any other legal heirs.
Since my mother was aware of this, she had more faith and confidence in me, so she nominated me.
Now i want to sell the property and devide the proceeds equally in four legal heirs.
Two legal heirs are ready to sign release deed, but one heir is not ready to sign release-deed.
I want to know, whether release deed is necessary for me to sell the property ?
If yes, what is the way out for me to sell the property?
