Family Settlement Agreement to resolve NRI property disputes

Nri Legal Services18 Jun, 2024Legal

NRIs face hardship in resolving property disputes in India while sitting abroad. Most of the NRI property disputes revolve around inheritance, distribution or demarcation of ancestral properties amongst family members. NRIs can enter into a Family Settlement Agreement (FSA) instead of contesting long-drawn litigation battles in the Court. All members must voluntarily enter the agreement without undue influence for a valid settlement. Family Settlement Agreement can be oral or written. A Family Settlement Agreement resolves the dispute in private and helps maintain harmonious family relations.