How to sell part of land after amalgamation of two plots?
My father purchased a plot of land in 1994 and my mother purchased the plot adjacent to it in the same year. My father then constructed a house on his plot. In 2014, the two plots were amalgamated by virtue of an amalgamation deed as a small portion of the house encroached into my mother's plot. The amalgamation deed mentions my parents as the co-owners of the joined plots. There is also a site plan attached to the deed that shows both the plots as one single plot. Both the plots now have a single holding number. However, no mutation was done after the amalgamation. Till date, only the mutation done in individual names at the time of registration exists.
My father has passed away recently leaving me, my brother and mother as the only surviving legal heirs. Please correct me if I wrong...my mother now owns 2/3rd share of the combined plot while me & my brother have 1/6th share each. Does the house also have similar ownership pattern?
My mother has decided to sell a portion of the plot that is lying vacant. This portion of land amounts to 35% of the combined plot. We will retain the remaining 65% on which the house rests. Can she sell off from her share independently without our involvement? What will be her share in the land and the house after she has sold off her share?
Please help me get a clear picture of the situation. Thanks.
Asked 3 years ago in Property Law
Religion: Hindu
Thanks for all the answers. It has cleared up a few things. I still have a few doubts which I need clarified.
We had a discussion in the family last night. Since we want to sell 1440 sqft of land to a buyer, we decided that two of us siblings will sell off our share entirely which amounts to roughly 1320 sqft in total (660 sqft each) and mother will sell off 120 sqft from her 2645 sqft share. This will allow us to sell off 1440 sqft area in total to a buyer.
1) Is this possible without executing any partition deed?
2) Is unregistered partition deed written on stamp paper and signed by all three of us, valid for this purpose?
3) Will this make my mother the exclusive owner of the remaining land which amounts to 2525 sqft and the house which rests on it?
4) We have the Succession Certificate to prove that we are the legal heirs. Is mutation of the plot necessary before making the sale?
5) Do we have to invest the entire proceeds from our share in another property or Capital Gains Bond after the sale is complete to get exemption from Capital Gains tax?
Asked 3 years ago