Mothers gift of property to daughter.

Querist : Anonymous (Querist) 25 November 2011 This query is : Resolved
My widow mother(INDIAN -80 YEARS) is getting her share of flats in land given for development. She wants to transfer one flat to my sister(NRI-58 YEARS). Which is the best way and does it need to be registered?
Thanks in advance.

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Devajyoti Barman (Expert) 25 November 2011
By way of gift deed which needs registration.

ajay sethi (Expert) 25 November 2011
your mother can by means of gift deed gift the said flat to your sister . the gift deed should be duly stamped and registered.

Rajeev Kumar (Expert) 25 November 2011
Agree with experts

Sailesh Kumar Shah (Expert) 25 November 2011
If your mother don't want to bear heavy stamp duty, WILL can be executed in her favour.

Advocate Bhartesh goyal (Expert) 25 November 2011
If your mother desires to transfer the property to your sister in her lifetime then she can make it by registered giftdeed else she can bequeathed the same by a will.

Raj Kumar Makkad (Expert) 25 November 2011
I do agree with experts.

Devajyoti Barman (Expert) 26 November 2011
In WB stamp duty for gift really a nominal one.

M/s. Y-not legal services (Expert) 27 November 2011
yes.. will is right choice., even gift also can be done..

M/s. Y-not legal services (Expert) 27 November 2011
but some thing problem in gift.. that the daughter should be accept it and possession should be handed over immediately., since daughter is nri, its seems little problem. so will is good one.

Sailesh Kumar Shah (Expert) 27 November 2011
If you are muslim, then do hibba. there is no need of stamp duty nor registration.

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