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Deletion of name from a residential property
31-Oct-2023 (In Property Law)
hi I have a property in owners r my mom n my uncle ( fathers brother)
now I want to remove my uncles name from d papers my uncle has no problem with it he’s ready 2 give Noc also
But for thz do I have to pay stamp duty ? If yes how much ? Is there any other way by avoiding to pay stamp duty n get thz thing done ?
Thank u in advance
respected sir
kindly provide the more details of you matter as to enable me to guide you on. right way you can share me all details on my WhatsApp number which is available on my profile so please check my profile and contact me on my WhatsApp . thanks
kindly provide the more details of you matter as to enable me to guide you on. right way you can share me all details on my WhatsApp number which is available on my profile so please check my profile and contact me on my WhatsApp . thanks
Helpful?
Adv. Pathan Said Ahmed Khan
Ambajogai | 200+ Answers
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Respected sir/madam
For deletion of your uncle name you have to execute gift deed or release deed in your mother or your favour and for that you ha e to pay stamp duty on 50% share of flat. In mumbai you have to pay stamp duty of 6% on present market value of the flat on 50% share of your uncle
For deletion of your uncle name you have to execute gift deed or release deed in your mother or your favour and for that you ha e to pay stamp duty on 50% share of flat. In mumbai you have to pay stamp duty of 6% on present market value of the flat on 50% share of your uncle
Helpful?
Adv. Vanita Yogesh Orpe
Mumbai | 100+ Answers
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This is my response to you:
1. He will have to enter into a release deed;
2. He will have to pay the stamp duty;
3. An NOC will not suffice;
4. He will have to also sign an indemnity bond;
5. Consult a local lawyer and take steps.
1. He will have to enter into a release deed;
2. He will have to pay the stamp duty;
3. An NOC will not suffice;
4. He will have to also sign an indemnity bond;
5. Consult a local lawyer and take steps.
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Adv. Gowaal Padavi
Mumbai | 500+ Answers
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