Question Related with Co-ownership

Q. Is it possible that some one purchases a residential plot registered in his name and constructs house on it having ground + 2 Floors and then got registered first & 2nd floor houses in the name of his two brothers?

Pakistan  |  Real Estate and Real Property

6/13/12, 10:54 pm

Answer. It is not allowed in most of the cases especially where the subject matter is an urban property.. However you should check the local rules of area in which the house is located. I heard that is allowed in some areas of karachi and lahore...

Another thing is possible that the land of the house can be jointly owned by different brothers and they can enter into a subsequent agreement for the distribution of their shares portion wise. However whenever one of the brothers will have grievance against the others he can get the whole property auctioned from the court of law because it is a single structured house in its original sense.. Further right of selling is also questionable in that kind of property.

For more do consult me at legal-experts@live.com