Transfer of deceased person's business & property
Kiran
(Querist) 01 October 2012
This query is : Resolved
Mrs A was running a business and also had few properties in her name. Mrs A died on 13 nov 11 without executing a will. As per survival certificate of Mrs A.. legal heirs were Mr A,one son & three daughters (married). Now as per verbal agreement between legal heirs, business was transferred to Mr A HUF, properties to Mr A and investments to son. to avoid future disputes, the legal heirs want to make in legal binding of above transfers. Can you please suggest me the legal documents to be entered between legal heirs?
Devajyoti Barman
(Expert) 01 October 2012
A registered deed of mutual partition would be best.
Kiran
(Querist) 01 October 2012
Thank you sir..
do i have to get it registered or notary is enough??
and if you have any format of deed can you pls share
Sushil Sharma
(Expert) 01 October 2012
1st of all registered means registred with the Registrar.
another option for you is to file a suit for declaration.
ajay sethi
(Expert) 02 October 2012
no ready made3 format . contact local advocate . it has tobe stamped and regd
