My father purchased a property, 2bhk flat, in Kolkata with his hard earned retirement benefits in my name and thus the allotment of the above-mentioned property was done in my name by the housing cooperative society.
My father lived the rest of his life after retirement along with me and mother in the above-mentioned purchased property.
He died in 1999, without making any deed or will regarding the property.
Now my mother is living with me along with my spouse.
I have another sibling living separately not with us.
Now my mother is insisting me to get a deed done in respect of the property, from the court, and to make my mother and my brother as the joint ownership in the property to avoid any confrontation with my brother in the future as he financed my late father to complete the purchase of this property.
Is she right in her stand or I can retain the sole ownership in my name, and exercise my right over the property?
Does my wife can have any vested interest or claim in this property?
As per the facts in issue,
The above stated property have only single ownership given by the father who was deceased. In this property the siblings will not have any right on this property.
In some cases the siblings will make false disputes/ ligations by saying that he financing the father while at the time of buying the scheduled property.
There we have a solution that we write a reply states that "Father gave the gift to you at time of buying the property". and there was no question of loans and financing issues in between the family members otherthan written document appeared.
So nobody includes your wife cannot be claimed.
Note : Required some details 1) Religions of the person 2) No. of years ago from the date of financing till date.
Any Queries contact us govardhan@finvis.co.in
