I have become the member of the society, after my father passed away leaving behind a nomination form of the society assigning me 100% share in the flat. Now I need to change the name in municipal records as property tax bill is coming in my father's name. I also have a brother who is living separately.
Few told me to go for succession certificate, or a gift deed for changing the name.
But considering the capital gain tax aspect whenever sale of this flat takes place, I prefer to put the flat under co-ownership of my brother and myself. Someone told me that just a submission of an affidavit is sufficient to change the name in municipal records.
Please let me know if its possible that an affidavit is enough to change the name from my father to my brother and myself (co-ownership).
Thanks in advance.