Property

Pushpa M Pillai (Querist) 02 April 2012 This query is : Resolved
Sir,
Our property (flat) is registered with both the name ie.First owner me & 2nd owner my husband. Now my husband wanted to delete his name & transfer the flat in my name. Can anyone help in solving this matter? Please write to me on pillai149@gmail.com

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ajay sethi (Expert) 02 April 2012
your husband has to execute deed of relinquishment or gift deed in your favour . have it registered

Raj Kumar Makkad (Expert) 02 April 2012
Gift deed is required to be registered before the local registrar which requires stamp duty. After registration of the gift deed, the certified copy should be submitted to the society and thus the desired proceeding shall be finally made.

Shonee Kapoor (Expert) 02 April 2012
I agree with advise of both the experts.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

Nadeem Qureshi (Expert) 03 April 2012
I agree with experts

Deepak Nair (Expert) 03 April 2012
Deed of relinquishment / release deed is a better option.

Gift deed attracts heavy stamp duty.

Sailesh Kumar Shah (Expert) 04 April 2012
your husband have to Execute and register Relinquishment Deed in favour of you to relinquish/delete his right.

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