What is the best way to convert joint ownership (Dad and Daughter )of a flat to single owner? I was told that the Dad can make a gift deed and transfer the 100% ownership to the daughter and this can then taken to the registrar and the new registration can be done without spending the 2% registration charges. This is as per the new rule that has been passed. I am not sure of the correctness of my statement, but wanted help in this regard. This will help us to plan the transfer accordingly.Thank you