Feeds:
Posts
Comments

Archive for the ‘Gift deed’ Category

Question asked from Mr. Saravanan from Bangalore, India:
There is a property in Bangalore which is on my mother’s name, and is mortgaged. I am paying the EMI to the bank. My mother wants to gift the property to me through a gift deed. What are the formalities, documentation, cost and procedure to complete the registered transfer through a gift deed?

Thanks
Saravanan

Veena’s Answer has been moved to our new site

Read Full Post »

Question asked from Ms. Partiben from India:
We are 6 siblings, My aunt has gifted herself acquired property to me through a registered and unconditional Gift Deed 10 years ago in which 2 of my sisters are witness. I have not got the khatas transferred to my name as yet nor am I living in the gifted property. Now my aunt has threatened that she will cancel the Gift Deed unless I pay a certain sum to my other brother and sisters. Please advise how I can defend this Gift without obliging my aunt or other siblings.

Thanks
Partiben

Veena’s Answer has been moved to our new site

Read Full Post »

Question asked from Mr. Hiten from Mumbai, India:
Hello, I am staying in Cooperative Housing Society in Mumbai. We had purchased two flats namely flat number 101 and 102 during year 1982. One of the flat was purchased in name of my father and other in favour of my uncle. Being joint family, we removed the common wall and made single flat instead of two. The both flats were alloted one open car paking space at the time of purchase from builder. Thus, we have two car parking space in a total. Before few years we bought another two flats namely flat number 301 and 302 in very same building but without car parking. After mutual understanding, we had transfered the flat number 102 in favour of my uncle by way of gift deed. But, no where on gift deed it is specified that parking has been transfered in favour of my uncle along with flat. In such a case, how can I claim our right for car paking space ? Can I simply take declaration from my uncle on plain paper that he has no objection if society is willing to transfer parking space to us or do we need to make any agreement on stamp paper ?
I look forward to receive your quick response.
Thanking you.
Hiten

Thanks
Hiten

Veena’s Answer has been moved to our new site

Read Full Post »

Question asked from Mr. Raffic Ahmad from India:
I have 1 acre converted land in Rural Karnataka. I am building a house there. It was mortgaged to a bank. I have paid half amount and released half from the bank. I want register this half to my elder brother with that under construction house. Is this can be registered under gift deed? How much I have to pay stamp duty?

Thanks
Raffic Ahmad

Vatsala’s Answer has been moved to our new site

Read Full Post »

Question asked from India:
If I get a piece of land through a gift deed, can i sell the property in future with out the consent of the donor?

Thanks

Vatsala’s Answer has been moved to our new site

Read Full Post »

Question asked from Ahmed Pasha from USA:
My mother has gifted her apartment to 3 out of 4 siblings in her hand written WILL. All three of us reside abroad. She passed away last year. What would be the procedure to get this property transferred in our names? Is our presence required in India to do this transaction?

Thanks
Ahmed Pasha

Vatsala’s Answer has been moved to our new site

Read Full Post »

Question asked from Mr. Arjun, India:
Dear Mam, I am Arjun and my query is that my parents want to transfer property (land with factory, self earned) to me. What is the best possible way to get registered in my name? Will I be taxed?

Thanks
Arjun

Vatsala’s Answer has been moved to our new site

Read Full Post »

Older Posts »

Follow

Get every new post delivered to your Inbox.