Tranfer of property to sons & daughters

Querist : Anonymous (Querist) 18 September 2017 This query is : Resolved
I am aware that an Hier-Certificate from Court is required in order to transfer property in municipal records - since the father-owner has died.

If there are 4 children - 2 sons, 2 daughters - is it better to form a co-op socy and transfer to society where the 4 hiers are members of the co-op socy ? First alternative is to transfer the full property in joint names.

If co-op socy is formed, it will be an artificial person, and therefore any more addition or deletion of names does not need hier-certificates etc. It will be goverened by the laws of the society.

Do you think this is a better solution than transferring jointly to all

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Adv. Yogen Kakade (Expert) 18 September 2017
No reply to anonymous query.. ..

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Rajendra K Goyal (Expert) 18 September 2017
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