Land registry between me and my friend – Is it suggested ?

POSTED BY atulsail ON April 5, 2014 10:23 pm COMMENTS (2)

Hi all,

Me and my friend purchased a land jointly and registry is done in joint names,is there any problem i mean what will happen if there is any dispute between us?

2 replies on this article “Land registry between me and my friend – Is it suggested ?”

  1. anil says:

    Better to consult lawyer and as Ashal pointed out let him check out the wordings of the agreement. Even if you are allowed to sell your land individually , there can be hurdles.
    If your piece of land doesn’t have access to main road or the only way to reach your land is through your friends land , then you won’t get much buyers.

  2. ashalanshu says:

    Dear Atul, being co-owner, you people can not sell the whole land individually. Yes one can sell his individual part to a 3rd party if defined and marked clearly.

    Thanks

    Ashal

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today