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Is the original copy of Transfer Certificate of Title (TCT) required for dividing the property among the siblings of the deceased parents?
What you can do here is you need a lawyer because the lawyer will file a reconstitution in the event you cannot produce the duplicate original TCT anymore by reason that it has been lost. Because that would be needing in the event that the property will be divided and transferred among the heirs.
But for purposes of extrajudicial settlement, there's no need for the original title (TCT) because that can be referred. Certified true copy of TCT will do.
You can do an extra-judicial settlement contractually although the title has not been really passed unless the heirs want to subdivide it and have multiple titles. Otherwise a contract of extra-judicial settlement is valid and binding among the parties.
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"Is the original copy of Transfer Certificate of Title (TCT) required for dividing the property among the siblings of the deceased parents?" was written by admin under the Real Estate category. It has been read times and generated 0 comments. The article was created on .
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