Legal Question in Real Estate Law in India

We bought a piece of land last year and have started construction of a house. Though we funded the entire amount the land was registered jointly on my husband's & father in law's name. Now I am pumping a lot of money for the house construction. I am worried about my stake in this property. Because it is also in my father in laws name, is there a possibility that my husbands siblings can claim share in the future ?

How difficult is to get myself added to the deed now and if possible how much will it cost ?

Regards

Rani


Asked on 11/01/11, 8:14 am

3 Answers from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Rani: You should insist upon inclusion of your name in the title of the property before making any further investment. your name may be included by way of a registered gift deed in your favour by the existing owners which not be very costly.

Read more
Answered on 11/01/11, 9:58 am
Eashwar Prasad Gururaj Joshi & Co.,

As a matter of fact, any developments made to the land will be belonging to the land owners.

You may do onething, get a MOU between yourself, your husband and in-laws w.r.t. sharing rights over the land or have a gift deed or release deed for a portion of land. The cost will not be more.

Read more
Answered on 11/02/11, 2:48 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

inclusion of your name and relinquishment deed of your father in law seems the solution.

Read more
Answered on 11/02/11, 9:31 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in India