Transfer of share

shyam lal (Querist) 24 October 2024 This query is : Resolved
What are the legal procedures for a living shareholder of undivided immovable property to transfer his legimate share to his sibling .

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kavksatyanarayana (Expert) 24 October 2024
If the shareholder is holding the property jointly without being divided or partitioned then he can jointly sign a single gift deed in favour of his sibling.

shyam lal (Querist) 25 October 2024
Thanking you expert k satyanarayana for replying.

kavksatyanarayana (Expert) 25 October 2024
You are welcome sir.

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