Partition deed for movable asset .

dear experts ,

we have 4 brothers including me . after my father death , we partitioned asses among us.

all brothers were interested to take a land , home like immovable asset . i were interested to take cash gold and jewellery . All brothers distributed the asset without any issue .

Now my question is ...

Since i got minimum land ( 5 acre ) , maximum gold ( 20 tola ) and maximum cash ( 5 lacs ) . Will i have to prepare a partition deed and will i have to mention all the things which i have got other than immovable . we had registered immovable partition deed but till now i didnt registered my movable assest like cash and gold . please advice me experts .

Replies (4)

Details regarding the partition of moveable assets should have been mentioned in the partition deed itself. Now you may prepare a release deed, wherein your brothers and as well their legal heirs release their rights on cash and gold in favor of you.

ok sir...

sir, in my partition deed, movable assets(like cash, gold and silver utensils ) is not mentioned, only agricultural land is mentioned there and partion deed has prepaired 10 year ago,so now can i prepair a release deed now (suggested by you) in which i will mention movable asset what i had received in partition.?

Yes, you may also prepare an affidavit stating that your brothers and their legal heirs have no more rights on the gold and cash which was given to you 10 years ago at the time of partition.

Ancestral property in the Form Gold Ornaments & Silver Utensils.

There are 5 members of Joint Hindu Family. 

Plz advise me ...following 

Which type of documents to prepare...

1.Partition Deed  or  2 Gift Deed 

CAN IT DIVIDE between 3 people ? 

Can it divide in odd ratio between 3 people ?

Can Partition prepare on plain paper ?

Is it necessary to get registered documents ? 

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