what is the best way to transfer property to sister name?
NeedHelp (I) 14 October 2013
what is the best way to transfer property to sister name?
Advocate Rohit (Advocate) 15 October 2013
registered gift deed.
Udaya Shankar. C (Retired) 15 October 2013
Please transfer the property by way of Gift Deed. It is only 1% stamp duty in the state of Maharashtra and in Karnataka. Where is in AP it is 7%.
Preparting gift deed please visit vakil.com for draft deed. You need not pay any money to document writer.
T. Kalaiselvan, Advocate (Advocate) 15 October 2013
If it is your self acquired property, you can transfer either by a registered gift deed or by a registered settlement deed. If the property was acquired or still held as a joint property in a partition deed, you may either relinquish your rights over your respective share in the property in favor of your sister or if you possess the same by a partition deed, it is advisable to transfer the same through a registered sale deed.
Avocate Kalaiselvan, Ph: +919443441062
Jairaj (Partner) 15 October 2013
gift between family members attracts different rate of stamp duty.
rekha bhanshali (house wife) 19 October 2013
my mother has made the registered the will for both the daughter name and that is no one knows in my family member accept both the sister's , In furture my brother can take any objection because my mother wish to give this flat to both the daughter and his son his taking the objection is there any other way like you said registered gift deed can we have to do this or will is sufficent document to prove in feature. can you please adive which is best way to tranfer the flat in our both the sister name.
rekha bhanshali (house wife) 14 November 2013
i have not received any clerification of questation