Dear Legal Advisors,
I am seeking your legal guidance regarding a property matter. I purchased a flat one year ago and financed it partially through a home loan taken in my name, for which I am paying 100% of the EMIs. My mother is a co-owner of this flat. I have three elder sisters who are all married and settled. My mother is a senior citizen 74 years and this is complete new property purchased by me with my hard earned money.
My concern is regarding the future ownership of this property in the unfortunate event of my mother's passing. I want to ensure that the property rights are transferred 100% to my name to avoid any legal complications, despite there being no current family disputes.
Could you please advise on the necessary legal documents or steps I need to take to secure my sole ownership of the property?
Thank you for your assistance.
Best regards,
GK