LawRato

Parent wish to transfer their property to me which is best way


28-Nov-2023 (In Family Law)
Dear Sir/ Mam My dad has two house. 1 house on my father name and second on my mother name. my father has total three sons with me and two girls. One son and two girls are my father’s first wife children. My father and mother stay with us from 15 years. Other brothers stay separate. Now my mom and dad want to transfer this property to me. So please guide us. Is it possible to transfer through will but in future if they challenge in court after death of my mom and dad? Is it possible to transfer through gist or sale deed? Kindly guide us.
Answers (1)

Answer #1
692 votes
You can get it transferred by way of gift deed or a sale deed but in case of sale deed you will have to pay stamp duty which you dont have to pay in gift deed. the third option is to get a Will executed and get share in the property.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."