Procedure to transfer the agricultural land to son and wife.
15-Oct-2023 (In Property Law)
Sir, I l live in UP Varanasi, and I want to transfer my agricultural land to my son age 13 years or my wife . Please suggest me what stamp duty will be imposed
You can gift the agricultural land to your wife but not your son since, he is aged 13 years and is therefore, a minor.
Conveyance of a property by way of a gift deed requires the following;
1. Signature/Consent of both the parties to transfer and accept the property.
2. Registration of the gift deed
3. Paying the requisite stamp duty. The State of U.P. does not provide exemption as to the payment of stamp duty when the transfer by way of a gift deed is made within a family. The Stamp duty payable is 2% of the market value of the property
Conveyance of a property by way of a gift deed requires the following;
1. Signature/Consent of both the parties to transfer and accept the property.
2. Registration of the gift deed
3. Paying the requisite stamp duty. The State of U.P. does not provide exemption as to the payment of stamp duty when the transfer by way of a gift deed is made within a family. The Stamp duty payable is 2% of the market value of the property
How to transfer property after death of mother
How to transfer property from mother to son in India
Can mother transfer property to one son
transfer of property from mother to son
Can mother give property to one son in India
How to transfer property from mother to son after death in India
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
- Legal Documentation for Claiming Ancestral Property Share Without Disp
- Agriculture land and house property are two separate entities or singl
- Grandfathers property sold out by the grand daughters.
- Gift deed from mother to son but paid in cash the property value
- Cancellation of registered agreement to sell
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."