In India, if a property is jointly held by two or more people, each co-owner has an equal right to sell their share of the property . However, if one co-owner wishes to sell the entire property, they will need to obtain the consent of all other co-owners.
To sell a jointly held property, the co-owners will need to follow these steps:
- Agree on the terms of the sale: The co-owners must agree on the terms of the sale, including the sale price and the division of proceeds.
- Execute a sale deed: A sale deed is a legal document that transfers ownership of the property from the seller to the purchaser. The sale deed must be executed by all co-owners.
- Register the sale deed: The sale deed must be registered with the Sub-Registrar’s office in your area.
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How can a co-owner sale a jointly held property?
Kanak Bhowmick
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2 Year
2023-08-03T08:53:43+00:00 2023-08-03T08:54:11+00:00Comment
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