Transfer of lone ownership to joint ownership of immovable property
Dear Sir,
I am staying separate with my wife since 2006 and my father is now looked by my cosine sister since then, as she too required a support since she is divorcee. Now we have 03 residential flats ( 1RK, 1BHK & 2BHK) and 01 commercial shop (225 Sq.feet) at New Panvel, Navi Mumbai in the name of my father. So, would like to know, whether I can do a joint agreement for above said properties or is there any other option to get in my name after my father.
May I know the transfer charges for the above said properties.
Further, is there any chance, that my cosine sister can put her claim on any of the properties?
Regards,
Abhijeet Shintre
Asked 8 years ago in Property Law
Religion: Hindu
Thanks Mr. Devajyoti Barman & Mr. Ayaj Sethi for your prompt replies.
Further, as per your replies, Gift deed with subsequent stamping and registration shall be done. So this process shall be done separately for each flat & shop or can be done commonly for all flats & shop together. So as to minimize the expenditure.
Further, if Will is prepared by father in my name, then in that case as well I have to get the transfer procedure for all properties?
What all documents are required at the later stage as a proof for me as a lone son.
Regards,
Abhijeet Shintre
Asked 8 years ago
Dear all, Now just confirm one thing that what is cheaper way out of below 02 ways suggested by you all,
1. Will by Father in my favour - Will to be probated on demise of my father - Transfer of properties in my name.
2. Separate gift deeds for all properties - Stamping and Registration for joint transfer in my name.
Asked 8 years ago