gifting/selling of UN-partitioned ppty
AJIT KAWATKAR
(Querist) 31 March 2009
This query is : Resolved
Im spinster &sr.citizen.in1964 we(2sisters}jntly. purchased ppty.{3600Sq Ft}in maharashtra.my married sister died in1965;leaving behind 7small children.her hesband's name was mutated in her place in1971. he died in1982. children are grown-up now but reluctant to mutate &add names of all 7 heirs especially their sisters[2}.they{3}are running a hotel there since 1990. due to my service i was in mumbai till 2002.i have no physical possession of the ppty. 7/12 excract sill have my name alongwith brother-in-law's. Q.whether it is possible to GIFT/SELL the UNpartitioned ppty. kindly guide along with stampduty obligations.
Y V Vishweshwar Rao
(Expert) 01 April 2009
Your Name is already recorded .You can gift ro sell your share in the property .
Value of the proerty and Stamp duty & Registration Fee particulars can be availed from Local Sub Registrar Office.
Ashey
(Expert) 01 April 2009
Yes you can gift/sell/lease/mortgage your unpartitioned share in the property
Ashey
(Expert) 01 April 2009
stamp duty and valuation of the property can be obtained from the Sub Registration Office concerned
adv. rajeev ( rajoo )
(Expert) 03 April 2009
U can sell ur share. regarding stamp duty u will have to make an enquirey with the regsitrar. U r the absolute owner of ur share.
