Can Father in Law give property to Daughter in Law
05-Sep-2023 (In Property Law)
I bought a property together with my uncle. 5 years ago my uncle settled his share of the property in favour of my father. Now my father would like to settle his share of the property to me. Can he settle his share in favour of my wife (i.e. his daughter-in-law)? I am a Hindu.
Yes, It is possible. But, it will attract stamp duty equivalent of a sale. It is considered as outside family settlement in the eyes of law. For your better understanding your wife is not blood line relationship in your family and will be considered as an outsider for the purpose of settlement.
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Hi sir.,
There is no option for settling to your father, bez it's happen only blood relationship, I don't know how it's happened.
You should settle only your own earning property to your wife otherwise it's not possible.
There is no option for settling to your father, bez it's happen only blood relationship, I don't know how it's happened.
You should settle only your own earning property to your wife otherwise it's not possible.
he can write a settlement deed in favour of your wife or by way of gift deed she can transfer the property or by a way of registered will he can transfer the property. there is no hurdle in transferring your fathers property because he is the absolute owner of the property.
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