Hey,
When a property is owned jointly, and it is a ‘tenancy-in-common’ arrangement, in such a case a co owner dies, his or her share of property DOES NOT go to the co owners automatically. The share of the property is transferred to the legal heirs of the deceased co owner. The legal heir and one of the owners will have to come to an agreement to sell the flat.
Understand the legalities of Joint Ownership by consulting the legal experts of NoBroker and get legal services at the best cost.
Read more:
What is Joint Property Ownership?
How to Sell a Joint Ownership Property?
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How to sell a jointly owned flat in case one of the owners passed away?
questionmytricky
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2023-01-24T10:18:21+00:00 2023-01-31T18:44:34+00:00Comment
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