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How to transfer property to my own brother?
06-Oct-2023 (In Property Law)
I wish to transfer some of the properties (lands from Coimbatore and Chennai in Tamilnadu) to my own brother which was paid by him but registered in my name. Can I do the transfer by giving permission in a "non judicial stamp paper of Rs.100" and get that document notarized?
Transferring a property through an unregistered document shall not be valid in the eyes of law. If the property was purchased on your name by a registered sale deed document, it becomes your duty to execute a registered gift deed or a settlement deed in his favor which shall be the legally valid of transferring the property on his name as per your desire.
There is legal validity for a document which has not suffered the stamp duty and registered properly with the registrar's office on such issues.
There is legal validity for a document which has not suffered the stamp duty and registered properly with the registrar's office on such issues.
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Adv. T Kalaiselvan
Vellore | 400+ Answers
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you can gift the properties that you wish to transfer in favour of your brother, this document needs to be registered at the sub-registrar's office where the property is situated.
No you cannot do a transfer by giving permission on a non-judicial stamp paper, this does not amount to a transfer.
No you cannot do a transfer by giving permission on a non-judicial stamp paper, this does not amount to a transfer.
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Adv. Kiran N Murthy
Bangalore | 100+ Answers
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