How to effect partition of a property?
Thansi
Answered on December 06,2019
Answered on December 06,2019
Partition of property can be done in following ways.
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If all the parties have share (common right) in the property partition can be effected. If partition is effected through an instrument such instrument must be compulsorily registered.
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Oral partition affected through memorandum submitted to the concerned authorities need not be registered.
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Stamp duty has to be paid in respect any kind of partition whether it is to be compulsorily registered or not.
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Parties to the partition may agree to effect partition of unequal shares
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