I am a join owner of a flat with my son. Now I would like to gift it to my son. Do we have to register again or what is the process to do so
sangunni (Professor) 12 January 2013
I am a join owner of a flat with my son. Now I would like to gift it to my son. Do we have to register again or what is the process to do so
Advocate SK Rohilla New Delhi (Legal Practioner ) 12 January 2013
Yes. You have to register the gift deed and also liable to pay the stamp duty on gift deed (if applicable in your state)
Bharatkumar (ADVOCATE ) 12 January 2013
U registered a Gift Deed in favour of your son for your 1/2 share of property. OR U registration a sale deed of your 1/2 share property in favour of your son. If property in Gujarat the stamp duty and registrarion fee is same for both document.
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
