Transfer of ownership of parental property
5 years ago
What would be great way if parent want to transfer ownership to son while they alive and cannot be claimed by daughters in future.
Also how much it could cost overall?
ROBERT D ROZARIO
Responded 5 years ago
A.a registered Gift deed. Registration fees is nominal. Contact Vidhikarya for assigning a lawyer for registration
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 5 years ago
A.U can make gift deed in fever of Ur son .
Helpful
Helpful
Share
A.Dear Sir,
The father may execute Gift deed since it is his self acquired property as such the daughter cannot object for the same. The stamp duty may be checked on the Government Website of department of stamps and registration.
For full procedure contact me on mobile through Vidhikarya.
The father may execute Gift deed since it is his self acquired property as such the daughter cannot object for the same. The stamp duty may be checked on the Government Website of department of stamps and registration.
For full procedure contact me on mobile through Vidhikarya.
Helpful
Helpful
Share
Shreyash Mohta
Responded 5 years ago
A.There are a variety of ways whereby you can transfer the ownership of the property to the son while alive. However, If such a property is an ancestral property then you will have to take a NOC from the daughters as not taking that will bring trouble to your son as even the daughters can claim their right of share in it. If the property is owned by the parents [not being an ancestral property] then, they can make a gratuitous gift by way of a gift deed, or else merely transfer the ownership by way of a transfer of ownership deed, they can even make a will while alive and relinquish the rights of the daughters and state that such property's ownership is exclusively given to the son. Any such deed should [expressly] contain that the right of the daughters is not allowed here and that they will not be allowed o claim or receive anything from such property as it is exclusively given to the son.
Hope this helped
Shreyash Mohta
Hope this helped
Shreyash Mohta
Helpful
Helpful
Share
A.Dear Client,
This is unfair and illegal in the eyes of law.
Both son and daughter have equal right over the parental property.
Remember both have also equal responsibility to take cate of the parents during the old age.
Shanti Ranjan Behera
Advocate
This is unfair and illegal in the eyes of law.
Both son and daughter have equal right over the parental property.
Remember both have also equal responsibility to take cate of the parents during the old age.
Shanti Ranjan Behera
Advocate
Helpful
Helpful
Share
Read Related Answers
Complaint on Apartment Maintenance issue
Dear Client,
Per sq, ft method is extensively used for the calculation of the maintenance charges for the societies/RWA across the country. This system of calculation is used when the sizes of apartm...
Question on Buying 10 years old flat with registration on hold
Dear Client ,
you can not rent / lease or sell your property until you have received complete possession of the property. you have to complete registration process for the same before getting into re...
REGISTRATION OF Apartment owners association under companies act
Dear sir,
It is ordinarily registered under specific act which might have been enacted by your state government otherwise consult the sub registrar office.
I am being asked to pay more than my neighbour for Open Car Parking
Dear Client,
Firstly, document all your interactions with the builder, including dates, times, and any communication (emails, letters, etc.). This documentation will be crucial if you need to escala...
Extra amount for completion of project
Dear Client,
Please consult an accountant for the how to include new additional income and if the can be given the rights of a builder.
additionally with the consent of the new person they can be a...
Read Blogs on Real Estate
Real Estate Lawyers
Find Lawyers by Location
