Respected sir,
Your valuable contribution service , immense thanks to them.
Sir, my query - A& B buy a flat costing 60 lacs. A only pays for it out of his self-earned funds , & included B (who worked for A for a decade) for name sake. Mentions, / writes in the sale deed- that after the demise of A -- B will have the exclusive title on it. Is this ok ? In future, if B wants to sell, or can he mutate it / should he pay any stamp duty etc ?
Thank you sir.
vijayakumar