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How can father transfer his property to his son during his lifetime


06-Jul-2023 (In Property Law)
My father and mother both alive and we are one brother and four sisters during life time my father and mother wants to transfer all rights to son regarding commercial property which has one shop on gd/mezz fl. in my father's name and one small shop on grd-1st fl all terrace rights is in my mother’s name so(1)which documents like NOC from all four sisters or a Relinquish Deed ( please provide the format) require for legally surrender their rights in favour of brother.(2)One more thing my parents will decide later for Resi.Prop
Answers (3)

Answer #1
520 votes
If your father is absoluete owner then he can make a gift deed in favour of your brother regarding the property mentioned by you. You should take help from local advocate for drafting and registration of the gift deed.
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Advocate Prateek Kumar

Adv. Prateek Kumar

LawRatoDelhi | 25+ Answers
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Answer #2
606 votes
Respected Sir, The married daughter have equal right in the parental property after the advent of amendment in Hindu Succession Act 1956, that came into force since 9th Sept 2005. On 9 September 2005, the Hindu Succession (Amendment Act), 2005 (Amendment Act) came into effect and daughters in a joint Hindu family, governed by Mitakshara law, were granted statutory right in the coparcenary property of their fathers. Before transfer of property, Contact to a lawyer and the same lawyer will solve your problems.
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Advocate Manish Kumar

Adv. Manish Kumar

LawRatoDelhi | 25+ Answers
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Answer #3
988 votes
As per Hindu Law of Succession, self acquired property can be given to anybody by the owner through sale, gift, will etc. and none has right to claim it. If however, someone dies without making any transfer or will, every class I heir has equal right over it.
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Advocate Siddharth Dev

Adv. Siddharth Dev

LawRatoDelhi | 25+ Answers
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