Father's Property dividing among childrens
My father owns a House in tamilnadu, He bought the house with his own income. He has a son(myself) and daughter(elder sister married). I am planning to extend my father's house so that my parents can stay there.
I want to know
1) How can I transfer the Property in My name (Gift deed/Sale deed) without sister's concern. I am ready to give her compensation.
2) will in future sister or her sons will claim the property
How can my father transfer his earned property to my name
Asked in Property Law from Unknown, Tamil Nadu
Thanks for the clarification Sir.
Asked 3 years ago
Since the house is the self acquired property of your father, he may transfer the same to you by Gift, Sale, Will.
The House being a self acquired property, none of the children can claim any right in the above.