I have a question we have two brothers and my brother bought a house seven years ago in delhi was worth seven lakh, The house is now worth fifty lakh and The total price of the house was given by Brother, my mother and my name is on the registry of house. Now brothers want to sell the house and I want to know do I have any part on the house or sale value?
1 Answer from Attorneys
Dear Sir / Madam,
If your brother has purchased the house and paid the entire purchase consideration of Rs. 7,00,000/- from his funds, even though your mother's name and your name is on the registry. it is purely left to your brother whether or not he wishes to part with the sales proceeds (to you or your mother) that he fetches on the sale of the house.
Related Questions & Answers
We have received notice from uncle, the purpose of notice to prove their right in... Asked 7/11/13, 9:58 pm in India Intellectual Property
I bought a pending suit property ( not aware of suit) which is an ancestral property... Asked 7/05/13, 10:45 am in India Intellectual Property
Under Intellectual property law does a live theatre play require to obtain a censor... Asked 7/04/13, 11:40 pm in India Intellectual Property
I have three brother and my mother is available but my father is dead all property... Asked 7/04/13, 11:07 am in India Intellectual Property