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Our farms were aquired by hsiidc. My father was the owner of that land. He died few months ago. We are 4 heirs. Installments are pending for that acquisition. Can we all legal heirs predecide by an affidavit that one person should get all coming Installments and others donot want it.
Question
We are 4 heirs of our fathers property and we have decided that only one should get future installments of land acquisition. How can we do it that one get all the future installments.
Answer ( 1 )
Yes all the legal heirs who do not want the share from the land acquired, can make a release deed in favour of the legal heir who should receive the entire amount. the same shall be registered and can be produced before the concerned authorities to claim the compensation.