Khata transfer fees for property inherited through will. Only Bangalore
Dear Sir,
We 11 relatives inherited a landed property in Bangalore through a Will. The Will was written by our aunt, wife of our uncle (who was a blood relative). Though the uncle was a blood relative, the aunt is Not a blood relative. The property is not sold yet. We are planning to transfer the Khata from our dead aunt's name to our names. As per Karnataka Rules (may be BDA or BBMP) how much fees will be required to be paid for this transfer? Some people say, since the aunt is not our blood relatives, we have to pay the full fee (2% of stamp duty, the stamp duty being 5% of the govt. face value of the property). Some people say it is only a small fee, not the 2%. Which is correct? Bangalore property lawyers please answer.
Asked 4 years ago in Property Law
Religion: Hindu
Nobody has answered. I want a clear answer from a Banglaore lawyer who knows this subject. General info that is taken from website is not enough. My question is clear and to the point. Is the 2% fee applicable for (Will) inherited properties? Is there any difference between properties willed by blood relatives and other relatives?
Asked 4 years ago