law: Transfer of Property Act, 1882
  45. Joint transfer for consideration
  Where immovable property is transferred for consideration to two
  
  or more persons and such consideration is paid out of a fund belonging to them
  
  in common, they are, in the absence of a contract to the contrary, respectively
  
  entitled to interests in such property identical, as nearly as may be, with the
  
  interests to which they were respectively entitled in the fund; and, where such
  
  consideration is paid out of separate funds belonging to them respectively,
  
  they are, in the absence of a contract to the contrary, respectively entitled
  
  to interests in such property in proportion to the shares of the consideration
  
  which they respectively advanced.
  In the absence of evidence as to the interests in the fund to
  
  which they were respectively entitled, or as to the shares which they
  
  respectively advanced, such persons shall be presumed to be equally interested
  
  in the property.