What is the Procedure to transfer property

Question

What is the Procedure to transfer property

06-Dec-2023 (In Property Law)

Hello, My father passed away in 2009. We have a commercial property in a co-operative housing society in Mumbai which is in my father's name. I want to know the procedure to get the same transferred to my mother's name. Also, how can we add a nominee to the property. Further, I also want to know the significance of legal heirship certificate and the procedure to make one. Thank you.

Answers (2)

What is the taxability on transfer of immovable property without consideration?

What is the transfer of land without consideration called?

Is consideration necessary for transfer of property?

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All Answers

Advocate Bhaskarrao Dhas Patil LawRato · Accepted Answer · 2015-12-07T03:35:59+05:30

First of all you have to get the succesion crrtificate in which the names of all legal heirs to be taken on record.
There after you have to apply to the housing society for
1. Recording the names of legal heirs of the deceased members on the record of the society
2. To transfer the share cetificates of the decrased member in the name of the legal heirs.
This procedure can be followed through the advocate

Accepted Answer

If the stamp duty (the value used by the authorities for calculating stamp duty) is more than Rs 50,000, then the entire stamp value of the property will be taxed. 22-Sept-2022

Accepted Answer

What is a Gift Deed? A gift deed allows someone to transfer movable and immovable properties owned by them to another without any financial consideration. The person giving the gift and the recipient of the gift are called the donor. 28-Nov-2022

Accepted Answer

It is a transferable asset. The ownership has been transferred. This distinguishes the sale from other transactions such as mortgages, leases, etc. where no ownership transfer occurs. A monetary consideration must be present.

Advocate Sangram Singh Desai LawRato · Accepted Answer · 2015-12-07T05:07:52+05:30

If your father died inteste then all of you I.e. your mother, Brothers and sisters if any are the legal heir of your father hence the property shall go in the name of all the heirs.
Further, if you want to transfer the property on your mother's name alone then the rest of all Legal Heirs can execute release deed and release your shale in the property in favour of your mother.
Once your mother become owner she can appoint any person as her nominee .

What is the Procedure to transfer property

Adv. Bhaskarrao Dhas Patil

What is the taxability on transfer of immovable property without consideration?

What is the transfer of land without consideration called?

Is consideration necessary for transfer of property?

Adv. Sangram Singh Desai

transfer of property without consideration

How to transfer property title between family members

Capital gain on transfer of property without consideration

Procedure for transfer of property in case of death

Procedure to transfer property from father to son

Transfer of immovable property is regulated by

Transfer of immovable property in blood relation

Income tax on transfer of property without consideration

What are the various modes of transfer of property by way of sale

Transfer of Property Act PDF

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What is the Procedure to transfer property

Adv. Bhaskarrao Dhas Patil

What is the taxability on transfer of immovable property without consideration?

What is the transfer of land without consideration called?

Is consideration necessary for transfer of property?

Adv. Sangram Singh Desai

transfer of property without consideration

How to transfer property title between family members

Capital gain on transfer of property without consideration

Procedure for transfer of property in case of death

Procedure to transfer property from father to son

Transfer of immovable property is regulated by

Transfer of immovable property in blood relation

Income tax on transfer of property without consideration

What are the various modes of transfer of property by way of sale

Transfer of Property Act PDF

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