hello sir
my sister have bunglow in co operative hsg society.she has home loan in bank but she wants to add my brother in law or my mother name in society share certifcate so what is the procedure to add?
maulik patel (properitor) 17 April 2011
hello sir
my sister have bunglow in co operative hsg society.she has home loan in bank but she wants to add my brother in law or my mother name in society share certifcate so what is the procedure to add?
V. VASUDEVAN (LEGAL COUNSEL) 17 April 2011
The name can be added only by a registered deed - and would have bear full stamp duty. ALso the Bank will have to give no objection. PLease explain the objective of the name inclusion. If it is to take care of succession, it can be achieved by nomination.
Vasudevan
Bharatkumar (ADVOCATE ) 18 April 2011
Registered Sale deed is compulsory for add name in society but best way is U fill-up a nomination form in society.