Me& my wife Co-owner 50% each of a DDA Flat. I want to Relin

623 votes

Yes, you can legally transfer/relinquish your 50% undivided share in the DDA flat in favour of your wife, subject to verification of the title documents, nature of allotment/leasehold or freehold status, and applicable DDA conditions. The appropriate instrument may be a registered Relinquishment/Release Deed or Gift Deed, depending upon the facts and title history. The deed should be properly stamped and registered before the concerned Sub-Registrar. Stamp duty and registration charges depend on the type of deed, relationship between the parties and the applicable Delhi stamp rules

Advocate Madhvi Chopra LawRato

624 votes

Yes, relinquishing your 50% share in a co-owned DDA flat in favor of your wife is 100% legal. The standard and legally recognized method to execute this transaction is through a registered Relinquishment Deed or a Gift Deed. Please feel free to connect through my profile to schedule a detailed consultation so we can calculate the exact circle rate values, stamp duties, and discuss the drafting process.

Advocate Parinita Sehrawat LawRato

742 votes

since you are a owner it would not be possible to linquish your share in favour of your wife instead you can execute a registered gift deed in favour of your wife the stamp duty on gift deed is 4%. usually the fee of the advocate is 1 to 2% of the market value of the property

Advocate Kunal Seth LawRato

649 votes

Yes, you can legally relinquish your 50% share in favour of your wife, subject to the title documents and DDA rules. This is usually done through a registered Relinquishment Deed or Gift Deed, depending on the circumstances. The total cost depends on the property's value, applicable stamp duty, registration charges and professional fees. Please share whether the flat is freehold or leasehold and whether it is jointly registered with DDA, so the exact procedure and estimated cost can be advised.

Advocate Adarsh Kumar LawRato

647 votes

Yes, you can legally relinquish your 50% undivided share in favour of your wife by executing a registered Relinquishment (Release) Deed, provided both of you are co-owners of the DDA flat. Once the deed is duly executed and registered, your wife will become the absolute owner of the property, subject to any applicable DDA formalities. Such a transfer between spouses is perfectly valid and legally enforceable. As regards the costs, they will broadly include: * Stamp duty and registration charges payable as per the applicable rates in Delhi (these are generally concessional for transfers between certain family members, depending upon the applicable notifications and the nature of the property). * Documentation and drafting charges. * Advocate’s professional fee, which is not fixed by law and varies depending upon the lawyer and the complexity of the transaction. If the property is under a loan or subject to any restriction imposed by DDA, the consent of the lender and/or compliance with DDA requirements may also be necessary before registration. Before proceeding, it is advisable to verify the title documents, DDA records, and any applicable transfer conditions to ensure a smooth and legally compliant transfer.

Advocate Yuganshu Sharma LawRato