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NA land transfer to same owners name partnership firm


07-May-2025 (In Property Law)
Currently me and my sister owned jointly NA land. Can we will transfer this land to our partnership firm's name without any registery. Our partnership firm's partners and land partners are same me and my sister. Please give me your opinion.
Answers (1)

Answer #1
525 votes
You can bring the land for usage of your partnership firm by making necessary entries in your books of accounts. If you want that the property should be transferred in the name of the firm then registration and other procedures are required.
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