S Prasad
(Querist) 30 October 2012
This query is : Resolved
I have MIG flat from "Bihar State Housing Board", which I am going to register very soon as I have recently cleared all my dues.
I have booked the house in the year 1982/1983 with my name and now I want to know the rules to register the property in my son's name. I have only one son and want to register by his name.
I heard that name transfer in BSHB is very complex process and so interested to know the real facts.
ajay sethi
(Expert) 30 October 2012
register flat in your name only .you can make a will in fvaour of your son bequeathing flat to him .
Raj Kumar Makkad
(Expert) 01 November 2012
It would have been better to think about this when your installments were due. You would have been able to transger your property at that time in the nae of your son without first getting CD in your name and then in favour of your son.
Now have no option but to get first CD registered in your name and then get a registered gift deed in favour of your son.
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