Legal Question in Real Estate Law in India
Hi
Thanks for your quick reply
This is in continuation to my prev query ...
A Will has 4 beneficiaries with 25% share each clearly mentioned and if a probate is done on any 1 beneficiary does that mean the other 3 beneficiaries forfeit their share towards the property by giving noc .
My grandfather dies and left behind a property
I am being told that probate done on one name ie wife of the deceased is simpler and takes less time however a probate done on all 4 name can take a min of 2-3 years atleast
Now My question is
a) that my grandfather has given life interest of the property exclusively to his wife ie the property will belong to my wife entirely however has also mentioned that if my granmother sells the property than entire consideration would be given in the ration of 25 % each
In this case i am being told that probate done in my grandmother name will be easier
b) Kindly let me if a probate is done on any 1 beneficiary does that mean the other 3 beneficiaries forfeit their share towards the property by giving noc .
I would be grateful if you could answer both a & b
Waiting for your answer in anticipation
Now my question is
a ) once the probate is done on her name can she divide the property by way of gift deed based on the probated will ..
b) Does a probated will gives title to the property or freehold needs to be done on her name to give her title if yes can she execute a gift deed on that document ie conveyance deed and does the gift deed need to be registered ..
I would be grateful if you could answer both a & b
Waiting for your answer in anticipation
1 Answer from Attorneys
without going through paper cant say anything.
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