Legal Question in Real Estate Law in India

i have puchased a piece of land with another individual in partnership(one sale deed) with a share off 40% of mine now i wanted to sell that land where co-owner is not willing to, please suggest me what can i do?


Asked on 1/14/13, 6:13 am

3 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

14.01.2013

Dear Sir / Madam,

Please try and persuade your co-owner to buyout your 40% share in the land since he is not willing to let you sell your share to another third party. In the event your co-owner is ready to buy-out your 40% share, the partnership is automatically dissolved. If your co-owner is reluctant, give him / her notice of your intention to relinquish your rights in the partnership, and ask for your share in keeping with the terms and conditions of your investment in the partnership deed.

Regards,

FCA Prashant Chavan

(You can reach me for further on-line advice at [email protected])

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Answered on 1/14/13, 6:54 am
Shrichand Nahar S.V.Nahar, Advocate

Explore partition and then sale.

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Answered on 1/14/13, 10:19 pm
uttam Tibrewal

you need to make a partition of the said land and then sell ... do make a partition deed .

[email protected]

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Answered on 1/15/13, 12:47 am


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