Meaning of legal term in Sale deed…….

POSTED BY Vijay Kumar ON January 20, 2013 6:37 pm ONE COMMENT

What is the meaning if noted in Sale deed of joint ownership property of spouse as ………….’ VENDEE ‘ (which expression shall mean and include their heirs,successors,legal representatives and assigns respective )……………………………….VENDEE are spouse……………in death case of a husband/wife surviving spouse will be legal heir as per terms mentioned above or not ? If husband dies wife will be legal heir if husband has mother & no will available ?

One reply on this article “Meaning of legal term in Sale deed…….”

  1. Dear Vijay, in case of joint ownership, if there is no will of the husband, the mother ‘ll also become heir & her share ‘ll also be there along with the wife & children of husband. Here I’m giving an example. There are mother, wife & 2 kids in the family after the death of the husband. The shares of each individual ‘ll be as below –

    Wife – 50% from her own share + 12.5% from husband = 62.5%
    mother – 12.5% from husband’s share
    kid one – 12.5% from husband’s share
    kid two – 12.5% from husband’s share

    Thanks

    Ashal

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