Procedure to gift property to wife and children under Muslim Law

675 votes

We can make gift deed on your behalf

But mostly giftdeed will b challenge in fiture. So if we make a saledeed of your property then it will b proper way to transfer the property in your wife and sons name

Advocate Anis Momin LawRato

693 votes

Dear Sir,
As per your query you can simply execute a gift deed by way of which you can transfer and convey the property in favour of your wife and children . For residential property stamp duty will not be applicable whereas for commercial properties appropriate stamp duty will be applicable.

Advocate Mohammed Zain Khan LawRato

502 votes

Hi,
The way to transfer your property to your wife and child would be to via a gift deed. The same is made on a stamp paper and registered. The charges for registration and stamp paper are nominal approximately 5,000. Legal charges to draft the papers and getting the registration done is what costs more. The documents required would be all the ones relating to the property. Purchase agreement, NOC from society etc depending on the specifics of the property. There is no need to pay stampduty as stamp duty is not required to be paid when property is being gifted to kith or kin. The said is a relatively easy process depending on your location registration can be done in the appropriate jurisdiction in one day.

LawRato LawRato