Dear All,
I am a married but separated woman from Mumbai. I am interested in purchasing property with my father.
The case:
My father and me jointly own a property that was purchased prior to my marriage. It has my father's name as the first name and my maiden name as second in the agreement. We are looking to sell this property and buy a flat elsewhere in Mumbai. The price of the flat we are looking to buy is higher than the amount we will get from our current property and hence I will be taking a small loan.
My query is that can I buy the new property and have a sale agreement with my name (after marriage) as the first holder and my father's name as the second holder?
I am married but separated and since I am buying the new property with the sale proceedings of my father's property I would like his name to be there in the agreement as well. Can this be done?
Is there any law to stop a married daughter from buying property with her father?
Please respond at your earliest.
Thanks & Warm Regards,
Shahnaz