• Division among two brothers

We are buying house of two floor which we can make as 2 individual house..as our father selling old house which father taking new house with contribution by we both sons 25 %.In sale deed what should we include.Should we include joint ownership? If so how should be floor division?
Asked 5 years ago in Property Law
Religion: Hindu

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30 Answers

Sale deed should be executed in joint names 

 

2) both can be joint owners of house 

 

3) later deed of partition for division of house can be executed duly stamped and registered 

Ajay Sethi
Advocate, Mumbai
94709 Answers
7529 Consultations

5.0 on 5.0

Hi,

It is better to make joint ownership and divide the rooms/facilities for each accordingly as per the share decided by you among yourselves. 

Ganesh Singh
Advocate, New Delhi
6757 Answers
16 Consultations

4.5 on 5.0

Yes, you can make joint ownership and make clear title of partition initially so later you should not have any proble. legally and possession wise.

Ganesh Kadam
Advocate, Pune
12930 Answers
255 Consultations

4.9 on 5.0

No such rule . It is mutual agreement 

Ajay Sethi
Advocate, Mumbai
94709 Answers
7529 Consultations

5.0 on 5.0

Hi, 

There are three source of law i.e. customs and traditions, law by legislation and precedent. In the present case by virtue of age and convenience, you may graciously give ground portion to elder person. There may or may not be law or rule on your issue, but the general clause/principle of respecting elders and taking their care can't be ruled out by by any law. Here the logic that elder person will have more comfort by avoiding stairs will be never be ruled out. 

Ganesh Singh
Advocate, New Delhi
6757 Answers
16 Consultations

4.5 on 5.0

No, there is no such rule, but the choice of the property partition share younger has given first choice in the society.

Ganesh Kadam
Advocate, Pune
12930 Answers
255 Consultations

4.9 on 5.0

No such rule, Floor ownership shall be by mutual discussion. Both will have equal half right in land and father`s and your contribution will mention in sale deed so that both brother claim rebate in tax and father for excemption of long term capital gain tax.

Yogendra Singh Rajawat
Advocate, Jaipur
22633 Answers
31 Consultations

4.4 on 5.0

If you are purchasing it as a single building in a joint registered sale deed, you can draw a partition deed at a later date as per mutually agreed conditions with respect to the common areas besides dividing the property into two as floor wise and common areas including parking space, terrace etc.

Get the partition deed registered.

 

T Kalaiselvan
Advocate, Vellore
84911 Answers
2193 Consultations

5.0 on 5.0

There is no such law, it depends on family customs or by general understanding.

T Kalaiselvan
Advocate, Vellore
84911 Answers
2193 Consultations

5.0 on 5.0

1. In sale you can make a joint deed and after that you can make a registered partition deed to divide the share in the property. 

Shubham Jhajharia
Advocate, Ahmedabad
25514 Answers
179 Consultations

5.0 on 5.0

No there is no such rule. 

Shubham Jhajharia
Advocate, Ahmedabad
25514 Answers
179 Consultations

5.0 on 5.0

You can include joint ownership or nay other deed between you in form of settlement by paying appropriate stamp duty and registration

Prashant Nayak
Advocate, Mumbai
31946 Answers
179 Consultations

4.1 on 5.0

1. The sale deed can be registered jointly in your and your brother's favour.

2. So far as the division of house is concerned, a partition deed can be executed between you, your brother and father. 

3. There is no law which says that elder brother should take the ground floor. 

Ashish Davessar
Advocate, Jaipur
30763 Answers
972 Consultations

5.0 on 5.0

Stamp duty is not exempted for execution of deed of partition later 

Ajay Sethi
Advocate, Mumbai
94709 Answers
7529 Consultations

5.0 on 5.0

Stamp duty on partition as per value has to be paid it is not nominal. 

 

Shubham Jhajharia
Advocate, Ahmedabad
25514 Answers
179 Consultations

5.0 on 5.0

What is the need of partition , use less extra stamp duty payable. Mention in sale deed , joint ownership and this portion will owned by him , this by you.  

Yogendra Singh Rajawat
Advocate, Jaipur
22633 Answers
31 Consultations

4.4 on 5.0

Then go for partition deed.  Stamp duty not exempted

Prashant Nayak
Advocate, Mumbai
31946 Answers
179 Consultations

4.1 on 5.0

when you are going to execute partition deed then you have to pay stamp duty as per state law.differ from state to state. 

Mohammed Mujeeb
Advocate, Hyderabad
19299 Answers
32 Consultations

4.7 on 5.0

No, it would be better to do that this time. Also, if you are unable to do this time, later don't go for partition, rather family settlement deed to avoid wastage of money on stamp duty. 

Ganesh Singh
Advocate, New Delhi
6757 Answers
16 Consultations

4.5 on 5.0

Dear Sir 

You should opt for joint ownership of new house as it will save you from future legal disputes and the division of floor can be done on mutual understanding between both the brothers or according to father's wish. 

There is no such rule regarding distribution of floors between brother 

Mohit Kapoor
Advocate, Rohtak
10687 Answers
7 Consultations

5.0 on 5.0

So far as stamp duty is concerned only a local lawyer well versed in local laws can answer it.

Ashish Davessar
Advocate, Jaipur
30763 Answers
972 Consultations

5.0 on 5.0

Any time you are getting a document registered for whatever purpose it may be, you are required to pay the stamp duty until and unless the government has exempted payment of stamp duty to certain documents. 

T Kalaiselvan
Advocate, Vellore
84911 Answers
2193 Consultations

5.0 on 5.0

  1. As per the information mentioned in the present query, makes it clear that you wish to go for the joint ownership, but want to get clarity that if in future, happens to go for the partition then what should be the stamp duty or will be exempted from the same.
  2. Let me tell you that in the eyes of law the present transaction and later would be of two different types.
  3. You will have to pay the stamp duty on both, the only difference would be the former it will be divided amongst all equally and in later, everyone will have to pay individually in accordance of the area that would be coming to them after partition as every time new title has been created.

Sanjay Baniwal
Advocate, South Delhi
5474 Answers
13 Consultations

5.0 on 5.0

You should insist that decree be registered 

 

then buy property from first son 

Ajay Sethi
Advocate, Mumbai
94709 Answers
7529 Consultations

5.0 on 5.0

See if the decree is not registered you should not purchase the property in case decree of court is there and registered you can go ahead.

Shubham Jhajharia
Advocate, Ahmedabad
25514 Answers
179 Consultations

5.0 on 5.0

If it has not been registered in name of elder brother then he doesn’t have the title to sell the land to you

Anilesh Tewari
Advocate, New Delhi
18078 Answers
377 Consultations

5.0 on 5.0

From mother to son through which document ?

Unregistered agreement not valid.

Yogendra Singh Rajawat
Advocate, Jaipur
22633 Answers
31 Consultations

4.4 on 5.0

yes,you can buy from elder son. 

Mohammed Mujeeb
Advocate, Hyderabad
19299 Answers
32 Consultations

4.7 on 5.0

You can buy or he can also gift you the same through registered gift deed

Prashant Nayak
Advocate, Mumbai
31946 Answers
179 Consultations

4.1 on 5.0

If the property is not registered on name of elder brother then you need consent of all the brothers and sister for buying the property.

Mohit Kapoor
Advocate, Rohtak
10687 Answers
7 Consultations

5.0 on 5.0

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