Hi all,
This is a query related to purchase of a flat in native place.
I have purchased a flat inthe joint name of myself and my father. I am taking home loan jointly with my wife and father (wife is coapplicant to enhance the eligibility as I am already running a loan).
We plan to take a loan f 30 lakhs and fathe may pump in about 12 lakh. We propose to sell our old house later and repay the home loan as much as possible.
I have a married sister who is staying with father and a court case is there between her and her husband and she wants separation.
I am working outside and this flat is in native place.
The old house to be sold is in the name of father (not an ancestral property).
Please tell me how my sister's share will be dfined in the new house. We are not having any problem with each other and she will stay with me after separation as we are only two siblings.
I am asking this only from the point of view of clarity and to avoid any dispue when any one of us (brother-sister) is not alive. Do we need any document from father or sister.
Thanx.
AS
