My son and I are joint owners of an apartment. I wish to gift my share in this flat in favour of my daughter but my son is not happy with this arrangement as he wants to take a mortgage on the entire flat. Being a joint owner, can he raise an objection to my gift?
– Sahadevan Firstly, being a joint owner of this flat, you are legally entitled to gift your share in this property in favour of any individual you choose. Secondly, your son cannot create a mortgage on the entire flat as he is only a part owner of the property.
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I have given my house on lease to an individual. However, he has now fur-