FATHER-IN-LAW CAN TRANSFER HIS PROPERTY TO DAUGHTER-IN-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.

Answers (2)


58 votes

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.


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215 votes

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/-.

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