Legal Question in Real Estate Law in India

trying to lease joint property

I and my brother has a ouse with two floors jointly. Also we have a noterary public deed stating the property demarcation i.e 1 floor for me and other for my brother.

Now i want to sell my floor, can i lease my portion on the noterary public deed?Also for how many years the lease contract will be valid?


Asked on 9/23/07, 9:19 am

4 Answers from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

Re: trying to lease joint property

You can sale, lease. Validity will depend on terms of contract.

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Answered on 9/24/07, 2:16 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: trying to lease joint property

Good Morning

you may sale/lease. Lease is valid upto 99 years

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Answered on 9/24/07, 2:57 am

Re: trying to lease joint property

Yes, you can do.lease can be for the period upto 99 years.

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Answered on 9/23/07, 11:44 am
Jayesh Desai Jayesh Desai

Re: trying to lease joint property

Yes you can lease for specific period, which may be mutually agreed upon and specified in lease.

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Answered on 9/28/07, 6:19 am


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