Removing co-owner's name in sale deed
mahesh
(Querist) 31 May 2013
This query is : Resolved
Thank you all for your valuable advice...
Kishor Mehta
(Expert) 31 May 2013
Sir,
[1] If the sale deed is not registered, you can request the builder to register it in only your name.
[2]If, however, the sale deed is registered, your mother can gift her share to you with a gift deed, which has to be registered and attracts 2% stamp duty of the value of the flat as per ready reckoner + registration charge.
[3]Alternately you can request your mother to execute a will, of her share of the flat, favouring you.
[4] Alternately, you can prepare a family arrangement/settlement.
Good Luck
Kishor Mehta
Adv Archana Deshmukh
(Expert) 31 May 2013
Your mother can also execute a registered release deed of her share in your favor.
Devajyoti Barman
(Expert) 01 June 2013
Without gift deed of relinquishment deed to be executed by your mother, she would remain its half owner.
