Joint property ownership with rights of survivor

shekar ghatikar (Querist) 26 October 2015 This query is : Resolved
Dear Sir,

I and my wife own a property in common.

I now want that after my death, the property is automatically transferred in my wifes name without will or probate.

I understand tenancy in entirety is the remedy.

Please advise.

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Guest (Expert) 26 October 2015
Consult a Local good advocate and execute A Settlement Deed/Release Deed in her Favour and it would be Very Less in Cost aspects.Confirm with your Registrar Office.But she would be the absolute Owner with immediate effect.

Kumar Doab (Expert) 26 October 2015
If you want to enjoy the property till death then explore the possibility of WILL (registered), gift.........

Rajendra K Goyal (Expert) 26 October 2015
Will is recommended in such case.

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