Ankita Jain (t) 09 July 2014
I have finalised property, flat and want to own property on my name but I want to add my son's name 7 yr old as second owner also.Is there any legal complications during buy/sell/ in future with this arrangement?
Please reply as I want to finalize the same.
Adv Archana Deshmukh (Practicing Advocate) 09 July 2014
T. Kalaiselvan, Advocate (Advocate) 09 July 2014
There is nothing wrong in adding your minor son's name as a joint owner to the title of the property. As rightly pointed out by Advocate Ms. Archana, you have to decide about retaining the property until your minor son becomes major by age or else you have observe the formalities as advised.
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