Legal procedure for Catholics to transfer property to siblings

I am a Catholic, What is the legal procedure to transfer my property to my sister which deed is required & also stamp duty charges if any?

Answers (2)

263 votes

Dear client, the transfer to your sister can be done by gift deed for which the stamp duty is 3 % +1%LBT and 1% registration fee calculated on the market value of the property in the state of maharashtra.

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148 votes

Dear Client,
Transfer of property when you are alive is not goverened by Religion. You can make gift deed in your sisters favour. Stamp duty is around 6% of the readyrecnor value.

Better consult some lawyer, with necessary documents, before taking final call.

Expert Jurist LLP

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