POSTED BY April 5, 2014 10:23 pm COMMENTS (2)
ONHi 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?
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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.
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