The question of selling a share in an inherited property arises when you inherit a property jointly with others. There is joint ownership, and there are co-owners. To determine the share of each co-owner, we need a partition deed.After the amendment in the year 2005, in Hindu Succession Act, 1956 the interest of deceased Hindu, […]
The need for legally entering into a Partition suite arises when there has to be a distribution of shared ownership of property among the potential shareholders, whether they are family members and relatives.A partition, by simple definition, is a division of assets owned collectively by either family members or relatives so that each person gets […]
My name is V K Patel, and I am a non-resident Indian (NRI). I co-own a property in India with my two relatives. I am planning to sell my share of the property. But I want to avoid any problem in transferring or taxation related to my share of assets. How can I deal with […]