621+ Lawyers are online 
Property Will Inheritance . Need To Sell Property Based On Will
11-Feb-2023 (In Property Law)
My grandfather has a residential property. In will he has provided share (1 flat ) to my father. My father has expired. Can we sell the property based on the will or transfer it to any other family member. If yes how can we receive the amount and what will be the taxation on same.
You can successfully sell the property which was willed in your name. If the property comes under registry then the stamp duty is to be paid that varies between 4-6% of the total sale consideration. But the circle rate price must be taken by DD or cheque. For more information I am just a call away.
Helpful?
Adv. Jitender Singh
Delhi | 1000+ Answers
Chat
We have perused your query and would advise you to seek a detailed consultation from a lawyer having expertise. Do confirm as to weather your grandfather is still alive. Do also confirm in whose name the property is registered. Did your father had left any Will.
Helpful?
Adv. Anubhav Kathuria
Delhi | 1000+ Answers
CONTACT NOW
You can get the property mutated on the basis of will bur in order to understand the actual scenario of your case, I would request you to share some more information with regard to the said property and with regard to the taxation there are many ways to invest your money in such a way where you will not be required to pay a capital gain tax on sale of your property.
In order to discuss the above said in great detail, feel free to contact for any further legal assistance.
Helpful?
Adv. Jia Kapur
Delhi | 200+ Answers
Chat
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.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
