Society transfer fees w.r.t. sale transaction in blood relatives
SHARAD
(Querist) 22 August 2013
This query is : Resolved
I have purchased a flat in June-10 from my brother. At that time society has not taken a transfer fees from us, since this was transaction between blood relatives. But after almost 2.5 years, one of the member has picked this point saying transfer fees has not been paid by us to the society and in response to it society has sent me a notice. Please guide me whether I need to pay this fees as per society rules in those days. As I could not find any clear explanation w.r.t this any where in the bye law.
ajay sethi
(Expert) 22 August 2013
you dont have to pay transfer charges . in case of transfer of shares between family members is exempt from transfer charges .
society cannot charge you the same . contact a local lawyer and reply to notice ssued by the society
V R SHROFF
(Expert) 22 August 2013
There is no trf fee for trf of Family member's Flat.
U hv to prove, transferor is your brother, fulfilling the requirements of Family member as defined under defn of CHS Act.
Raj Kumar Makkad
(Expert) 24 August 2013
Society cannot charge the huge fee except nominal procedural in case of transfer between family.
SHARAD
(Querist) 24 August 2013
Thanks a lot Sir for your valuable feedback, Society is saying that, if there would have been Gift Deed between me & my brother, I would not have to pay transfer fees, but we had a sale deed, hence need to pay the transfer fees. Please guide me.
Thanks & Regards,
Sharad