I HAV A CLIENT,HIS PROBLEM IS,HIS ELDER BROTHER HAS TAKEN A LAND FOR RS.56LACS IN TWO NAMES HIS OWN AND HIS MOTHER(2 AREAS EACH CONTRIBUTIG RS.28LAKHS),NOW HIS MOTHER WANTS TO TRANSFER HER SHARE OF PROPERTY TO THE CLIENT(THE YOUNGER BROTHER)...
FOR THE SAME HIS MOTHER WILL GIVEN IN WRITING ON A RS.10 STAMP PAPER THAT WHATEVER BE THE SALE AMOUNT ON THE TIME OF SALE ALL HER SHARE SHOULD BE GIVEN TO HER YOUNGER SON.
MY QUESTION IS WRITING ON JUST RS.10 STAMP WHEREAS THE PROPERTY IS IN LACS IS VALID?
WHAT IS THE SOLUTION TO THE PROBLEM OF TRANSFER OF SHARE TO THE YOUNGER BROTHER?
CAN THE MOTHER EXECUTE A GIFT DEED IN FAVOUR OF HER YOUNGER SON?
NEED UGENT HELP.....
CAclubindia
