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(Guest)

Purchasing house in mother's name using my savings from income (after paying due tax)

I am planning to buy a house in my mother's name using my savings from income. This has been my childhood dream to do this for my mother, this will provide her the security of her own home. Also, since I travel overseas frequently I am not always around to manage the property. Will such a purchase get into any issues with Benami laws?

 

Please advise



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 4 Replies

Sudhir Kumar, Advocate (Advocate)     08 January 2023

Your siblings will have equal claim on the house.


(Guest)

Thank you, sir. Do not have siblings. Are there any other issues?

Laxmi Kant Joshi (Advocate )     08 January 2023

Yes it will covered under benami sampati laws .

kavksatyanarayana (subregistrar/supdt.(retired))     08 January 2023

You may include your name with your mother's in the sale deed.


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