Fifteen years ago, my father and his elder brother, my uncle, decided to build a home together. By 2004, the house was nearly complete. When my father retired and asked to move into one part of the house, my uncle refused. My father had contributed about four lakhs during the construction phase. Now, to build a new home, we’d need to invest ten to fifteen lakhs. We want my uncle to reimburse us for our father’s contribution, adjusting for today’s market value. What legal options do we have to get our money back, as my father no longer wishes to live in the shared house?
Best Answer
Based on your description, your father has a claim for a share in the property proportionate to his contribution. You can file a suit for partition of the property, seeking a share of the property value or reimbursement of your father’s investment adjusted for inflation. A court will determine the share based on the evidence of your father’s contribution and the current market value of the property.
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