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It is done by dividing the property ing to the shares to which each of the parties is entitled to in law as applicable to them. Each divided property gets a new title and each sharer gives up his interest in the property in favour of other sharers.

In case of mutual consent Irrespective of whether the property is being divided amongst family members, business associates, friends, or others, a partition deed must be signed between the co-owners (co-owners can be more than two). The property is divided based on an investment, a will, or a mutual agreement.

Partition with mutual consent: If all the property owners mutually decide to divide the property, they can do it peacefully by visiting a local registrar's office. Once the deed is in place, all the owners will become rightful owners of their share of the property.

This can be done by filing a court suit or without it. The Indian law for property distribution between brothers states that each heir gets an equal part in ancestral property, and if there is a will, the will is used to distribute among the people it mentions.

The co-owner can't transfer more than his share of immovable property.It is provided UnderSection 4 of Partition Act 1893, that if the undivided share in dwelling house is transferred to the person, who is not the family member, the transferee can files case for partition of the property.

The Partition Act of 1893 The family property partition law in India states that any other shareholder may seek permission to purchase the parties' shares, and the Court may then provide a valuation and sell the property to the applicant. The Act sets specific regulations for what happens if two shareholders disagree.

Partition of the property by mutual agreement can be done by Partition Deed or Family settlement. Partition Deed divides the property between the co-owners of the property. This deed is prepared in order to divide the property so that each person gets an absolute title over his own part of the property.

If all parties involved are ready to amicably settle all disputes, a partition deed needs to be executed. Through a partition deed, it defines the share of each co-owners of the property. This partition deed needs to be duly registered with the Sub-Registrar office, only then it's considered a legal document.

Following are methods to partition an Ancestral Property: Partition by mutual agreement. Partition of the property by mutual agreement can be done by Partition Deed or Family settlement. ... Partition through Court. ... Partition through Will Probate.

A sale deed is a document that is of legal value and can be used to register the new owner's name in the papers. As per the Indian Registration Act, it is crucial to register a sale deed. The deed registration is done with the sub-registrar under whose jurisdiction the property is located.