I am married and I have a land in my own name. I want to make it a joint property alongwith my wife's name. How can I change the sole ownership to joint ownership without incurring much cost?
Anil pattnaik (Proprietor) 07 July 2010
I am married and I have a land in my own name. I want to make it a joint property alongwith my wife's name. How can I change the sole ownership to joint ownership without incurring much cost?
S. Bharath (Advocate and Arbitrator Formerly Civil Judge) 07 July 2010
Write a Settlement Deed in favour of your wife giving her undivided half share in the land. The document is to be registered. In Tamil Nadu it does not cost much, please check with your local lawyer about the cost there. With the registered document, you can obtain a change [mutation] of revenue records in the joint names of yourself and your wife.
Venkat Rajan (Software Engineer) 03 August 2010
Dear Mr Bharath, Who can help me in getting a Settlement Deed prepared and executed in Chennai to give joint ownership of my property to my wife and two sons?
S. Bharath (Advocate and Arbitrator Formerly Civil Judge) 03 August 2010
Mr. Venkat Rajan, you may contact Mr. Ebenezer, Advocate at ebiadvocate@gmail.com or ebiraj_2002@yahoo.co.in for professional advice and help. You may refer my name to him.
Venkat Rajan (Software Engineer) 04 August 2010
Thank you, Sir.