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Ways of transferring the property to the wife


02-Mar-2023 (In Documentation Law)

I and my wife co-own a property equally. I want to transfer this property fully in name of my wife so that I can become eligible to claim HRA from my employer by showing my wife as the land lady and paying rent to her. Firstly which is the most cost effective way of transferring the property to my wife like gift deed etc. secondly is there any legal hurdle in claiming HRA this way.

Answers (2)

Answer #1
736 votes
The property can be transferred by way of execution and registration of a Transfer Deed. The stamp duty on transfer between spouse and blood relatives is exempted. It is a legal transfer, so there is no legal hurdle.
Advocate Ramit K Lalit

Adv. Ramit K Lalit

LawRato Gurgaon | 25+ Answers
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Answer #2
684 votes
You may transfer the property in your wife's name through Transfer Deed if property is located in haryana, this is most cost effective way,else you may execute gift deed or sale deed.


For more information you may contact me.
Advocate Vivek Nasa

Adv. Vivek Nasa

LawRatoGurgaon | 200+ Answers
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