Inclusion of a joint owner

Rajiv Kaicker (Querist) 03 July 2013 This query is : Resolved
A mother,aged about 75 years and the owner of a house wants to include the name of her son as a joint owner in the property documents.

What is the procedure to be followed? Are there any implications of stamp duty in this matter?

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Devajyoti Barman (Expert) 03 July 2013
She will have to gift a part of the property in the name of her son. It requires registration of the deed on payment of stamp duty.

Raj Kumar Makkad (Expert) 05 July 2013
Registered gift deed is the only solution.

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