Can a mother sell flat which is in the name of her 4 year old child
My mother inlaw is transferring a property in mumbai in my name -
Have 2 queries
1. If its transferred in my name as gift deed than will it attract stamp duty and registration and if so is there any other way where we dont have to spend too mch money.
2. As per the law if its transferred from my mother inpaw to my 4 year old child.....than fees is only 500 rs.......bu in this case can i sell the flat as per my wish...or do i have to wait to sell it offf till my child is 18 years.
Please help.....
Asked 7 years ago in Property Law
Religion: Other
If its is transferred on my name as gift deed than how much will be the total amount/tax.
Asked 7 years ago