Gagandeep
5 years ago
Hello sir
My sister wants to make a gift deed Of a flat she owns in nellore andhra pradesh to my father. I want to know the process and concered charges including everything. Please help me out
Thank you
Deepak Yashwantrao Bade
Responded 5 years ago
A.Dear client registration charges of gift deed of property within the family is very nominal and differs from state to state. It might vary from 1%-2%. Kindly go through local experienced lawyer
Helpful
Helpful
Share
A.Dear Client,
Shri Thota Narasimham , Minister for Stamps and Registration, Government of Andhra Pradesh said in a Press Conference that the Government was thinking of reducing the Stamp Duty from 3 % to 1 % in 2013 and I am not sure if that been implemented .
Secondly,There is a Chart known as , A.P. STAMP DUTY DETAILS, which includes ,Sl. No., Nature of Document, Stamp Duty Rates for Andhra Pradesh, Transfer Duty, Registration Fee etc., You will get the Money Receipt for the amount you will be paying and the money goes to the State Exchequer directly. In addition, be prepared to spend at least 1 % of the total cost which is unofficial and you will not be given any receipt for this. This is TIPS/SPEED Money whatever terminology you use. If you do not pay your work may be delayed on some pretext or the other.
By saying this I am neither supporting nor encouraging corruption, but simply I am informing you the tentative expenses which you might incur during the process. If you can do it free of cost, then you are lucky.
Shanti Ranjan Behera, Advocate
Shri Thota Narasimham , Minister for Stamps and Registration, Government of Andhra Pradesh said in a Press Conference that the Government was thinking of reducing the Stamp Duty from 3 % to 1 % in 2013 and I am not sure if that been implemented .
Secondly,There is a Chart known as , A.P. STAMP DUTY DETAILS, which includes ,Sl. No., Nature of Document, Stamp Duty Rates for Andhra Pradesh, Transfer Duty, Registration Fee etc., You will get the Money Receipt for the amount you will be paying and the money goes to the State Exchequer directly. In addition, be prepared to spend at least 1 % of the total cost which is unofficial and you will not be given any receipt for this. This is TIPS/SPEED Money whatever terminology you use. If you do not pay your work may be delayed on some pretext or the other.
By saying this I am neither supporting nor encouraging corruption, but simply I am informing you the tentative expenses which you might incur during the process. If you can do it free of cost, then you are lucky.
Shanti Ranjan Behera, Advocate
Helpful
Helpful
Share
ROBERT D ROZARIO
Responded 5 years ago
A.registration charges of gift deed of property within the family is very nominal and differs from state to state. It might vary from 1%-2%. Contact a local lawyer from Vidhikarya.
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 5 years ago
A.By advocate Rameshwor dadhe dear sir you should approach to the any local lawyer who will made gift deed . Charge will be very few
Helpful
Helpful
Share
Vishwabandhu
Responded 5 years ago
A.Dear Client Tell me that How your sister got the Flat ? Was it purchased by her own income ? Or it was purchased by the income of her husband ? Why she want to gift this Flat to her father ?
Dear client any gift which is made only to debar legal hairs , is a fraudful gift which the legal hairs can get cancelled.
Dear client any gift which is made only to debar legal hairs , is a fraudful gift which the legal hairs can get cancelled.
Helpful
Helpful
Share
ARPIT BATRA
Responded 5 years ago
A.Depends on value of property and state taxes too
Helpful
Helpful
Share
Read Related Answers
To landlord - I am staying in this house from 6 years
Dear Client,
You can send a legal notice to the landlord and demand to repay the security deposit. In case of inaction from the landlord, you can file a suit under Order 37 of CPC before a jurisdictio...
Addition of Wife Name in new flat sale
Dear Client,
An owner who wants to add a co-owner to his property will have to do so by way of creating a new deed altogether mentioning the ratio or portion of the ownership in the property. This new...
Real estate -rera
Dear Client,
As the housing project is not registered under the RERA, you have to file a complaint against the real estate company and its directors before the District Consumer Commission under Sec.3...
Apartments terrace laws
Dear Client,
The rooftops of the Building are also known as an open terrace and a part of the common area useable for all the floor owners of the multistoried building. Legally, a Builder cannot sell...
Tenant Eviction - Rental and Sale Agreement Signed but Expired
Dear Client,
Neither a rent agreement nor an agreement to sell confer any ownership right to a tenant or a buyer. On the expiry of the rent agreement, you can ask the tenant to vacate the rented premi...
Read Blogs on Real Estate
Real Estate Lawyers
Find Lawyers by Location
