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What is the status of the joint holder in a flat in a cooperative housing society?
Wiki User
∙ 10y ago
joint holder of shares of the society if his name stand second in share crtfcte.and also his name is in the flat purchase deed HE WILL CALLED A JOINT MEMBER of the socty.in this way he have property rights and ownership rights jointly with his co owner and first member of the society.In this case they both have equal rights on property and as per transfer of property law any co owner can sell or gift his shares to any one of his choice with conest of his other co owner.
Wiki User
∙ 10y ago
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