Legal Question in Family Law in India
My Father expired 5 years ago. He has four sons and two daughters. He made one Will which has mentioned one house is for myself and one brother. Now I wanted to buy the share from my brother by paying market value. Please suggest, will it work Settlement deed between brothers? What is the procedure to make a deal?
Regards, Suresh
Asked on 5/20/14, 12:02 am
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
There are two methods. You may adopt any:
1. A Registered Sale Deed by your brother in your favour
2. A deed of "Family Settlement".
The first option is risk free but costly. The second option is cost-free but a little risky.
Answered on 5/20/14, 6:02 am