About flat transfer
smita
(Querist) 09 August 2013
This query is : Resolved
PLEASE GIVE SOLUTION FOR FLAT TRANSFER IN PCMC (PROPERTY TAX RECEIPT)
I MYSELF (SMITA) LIVE WITH MY MOTHER( HOUSEWIFE) AND MY YOUNGER SISTER IN CHINCHWAD,
PUNE .MAHARASHTRA)IN FLAT OWNED BY MY FATHER WHO PASSED AWAY IN 2007. MY FATHER HAD
NOT MADE ANY WILL. I HAVE TRANSFERRED FLAT IN MY MOTHER'S NAME IN MIDC AFTER MY FATHERS
DEATH, MIDC HAS GIVEN US TRAnSFER LETTER IN MY MOTHERS NAME. THIS PROCEDURE HAS BEEN
COMPLETED BUT THERE IS PROBLEM IN TRANSFERING FLAT IN MY MOTHER' NAME IN PCMC
(PROPERTY TAX RECEIPT)THEY TOLD US TO GIVE SUCCESSION CERTIFICATE (I CAME TO KNOW THE COST OF GETTING
SUCCESION IS RS 75000 OR MORE)THIS AMOUNT IS VERY BIG FOR US IS . HOW MUCH FEES IS REQUIRED
TO GET SUCCESSION CERTIFICATE. IS THERE ANY OTHER SOLUTION FOR THIS PROBLEM OR IS THERE
ANY OPTION FOR SUCCESSION CERTIFICATE . IS THERE ANY REBATE / CONCESSION FOR LADIES FOR
PAYING STAMP DUTY .OR IS THERE ANY OTHER OPTION WITHOUT SUCCESSION CERTIFICATE TO FLAT TRANSFER IN PCMC
ajay sethi
(Expert) 09 August 2013
court fees for succession certificate depends upon value of property . the maximum court fees is Rs 75000 .
succession certificate procedure takes around 6 months .
you can approach officials of PMC and furnish deed of relinquishment of property . it attracts nominal stamp duty if made in favour of a relative . also agree to furnish indemnity bond and request PMC to transfer flat in name of mother .
if however PMC insists on succession certificate you have to prove the same
V R SHROFF
(Expert) 09 August 2013
Well advised. It takes 6 m to a year with cost of app 1L
