the sale deed should be in joint names of you and your brother
2) if no share is mentioned both would have equal share in the flat
3) you have to pay stamp duty on sale consideration mentioned and register the agreement at sub registrar office
Equal ownership rights
Me and my brother buying an Apartment, how to register it, as we want to have equal ownership rights on it
Asked 8 years ago in Property Law
Religion: Hindu
6 Answers
Me and my brother about to buy a flat in Hyderabad, we applied our ownership as applicant 1 and applicant 2, but they took pan card for applicant 1 and aadhar card for both applicant 1 & 2 , do the applicant 2 have the equal ownership rights on the flat, if not how to get the equal ownership rights
Asked 8 years ago
applicant no 2 is joint owner of flat and will have equal ownership rights on the flat
You can get the registered sale deed executed jointly in both your names.
Once the sale deed is in joint names, both are having equal rights in the property.
The share certificate may be in one person's name.
But the registered sale deed may be made in both the names.
This will make sure that both are owning the property jointly with equal share
If you want joint ownership then the sale deed has to be executed jointly in favour of both of you. The title originates from the sale deed and no other document.
1. mention your share in the sale deed.
2. you can also register without mentioning share, you can write your name in the sale deed as joint owner/buyer.
