Hi
I live in a house in Mumbai (said house) which is on my mother’s name (Mrs. C).
Time when my mother was alive she made a will favoring the said house in my name (Mr. A) and my sister (Mrs. B) who is well settled in Thane and also entered my name (Mr. A) and my sister (Mrs. B) as nominee for the said house.
Now on the bases of will and nomination I (Mr. A) and my sister (Mrs. B) have decided to execute a gift deed in which she would gift her share in the said house in my favor.
I need few suggestions on below point for executing the gift deed.
- For the registration of the gift deed, I’m aware that I would need a letter for my society in a required format & i do have that format. But since the house is still on my mother’s name society mc have agreed to give the letter in my mother’s name and also specify the nominee details (which would include mine and my sister’s details). My question is, will this letter work for registration of gift deed?
- What is the transfer process in such case?
Response appreciated.
Regards,
Hemant
