660+ Lawyers are online 
FATHER-IN-LAW CAN TRANSFER HIS PROPERTY TO DAUGHTER-IN-LAW
24-Jul-2023 (In Property Law)
Sir, I want to know whether Father-in-Law can transfer his own property to his 2 daughter-in-law and grand sons through settlement deed. If then what will be Tamilnadu Registration Fees for this. Please explain in detail.
Your father in law can very well execute a settlement deed in favour of the 2nd daughter in law provided he has valid title to the property and also to his grandsons as per his desire and wish.
The stamp duty for this will be 1% On the market value of the property but not exceeding Rs.25000/- and the registration charges will be 1% on the market value of the property subject to a maximum of Rs.4000/-.
Helpful?
69+
69+
Father in law can not execute a settlement in favour of his daughter in law. He can execute the settlement deed in favour of his grand son.
Father in law can not execute a settlement in favour of his daughter in law. He can execute the settlement deed in favour of his grand son.
Helpful?
57+
57+
Adv. V Arunagiri
Chennai | 5+ Answers
Chat
He can very well transfer the property to his grandson or grand daughter, in Tamilnadu the said transfer is considered as within family member as GO, the stamp duty maximum 25,000/- excluding registration fee and advocate fee
Helpful?
72+
72+
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.
Connect with top Property lawyers for your specific legal issue
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."
