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Chinni ch   01 March 2023

Concept of dhanam

Dear Sir/madam,

I would like to understand the concept of  Dhanam of commercial property in TamilNadu? .Is there any documentation on how it works that i could go through.

We are trying to buy land on our parents name and later get it on ours name using this dhanam concept as we are abroad. 

Can the land/Property owner perform dhanam of his land/property to:

  • unknown party(individual /individuals)
  • son/daughter
  • son/daughter and his/her spouse jointly 
  • grand children

 

 



Learning

 2 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     01 March 2023

If you are on abroad, your father/mother may buy it on your behalf. If they buy and then give you the stamp duty is more than the amount if your parents buy on your behalf.

Dr J C Vashista (Advocate)     02 March 2023

"Dhanam Commercial Property" concept is local connotation.

It is better to consult and engage a local prudent lawyer for appreciaiton of facts/ documents, professional advise and necessary proceeding.


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