Transfer of property
Rajesh Agarwal
(Querist) 19 February 2015
This query is : Resolved
Dear Sirs,
My age is 65years, One of my elder son has been given a portion of my building to reside in a separate mess with his family. Now he has been insisting to transfer the property portion in his name. I am in a delima that if I transfer the property in his name he might sale the property, which I don't want him to do. Because he his alcholic and One day would land in no once land. Is there any kind of method by which I can transfer the property in his name but he could not sale the same in his life time. This property could be sold only by his grandson only or if wants to sale, it can sold to the other two son only.
Thanking you,
With Regards,
Rajesh.
T. Kalaiselvan, Advocate
(Expert) 20 February 2015
You can bequeath the property by executing a Will on his name with the appropriate phrases giving meaning to your desire.
Rajendra K Goyal
(Expert) 20 February 2015
You can transfer the property in the name of his son(s) and wife jointly.
or you can bequeath the portion in their name.
ajay sethi
(Expert) 20 February 2015
under no circumstances transfer property in name of your son . execute a will wherein you can bequeath property to your grandson . in said will mention that during your son life time he would have right to stay in said premises
Kumar Doab
(Expert) 20 February 2015
Agreed with Experts.
