656+ Lawyers are online 
Gift deed & share certificate transfer
28-Aug-2023 (In Property Law)
My mother bought a flat in 2013 and executed gift deed to me in may 2021.
I want to sell the property to fund my purchase of bigger home. Can I transfer the share certificate to next potential buyer? If yea how can I have way around 29(a)
Well, you can certainly sell your Property which got transferred to you as Gift from your Mother. You have to create a Sale Agreement first, then you have to create a Sale Deed, then register it before the Registrar by paying requisite Registration fees and Stamp Duty to the Exchequer of Government, then the buyer has to initiate process to transfer Share Certificates in his name by approaching Society in which the flat is situated.
Helpful?
13+
13+
Adv. Pankaj Bajaj
Mumbai | 1000+ Answers
Chat
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."
