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registering property in 3 persons name
19-Jul-2023 (In Property Law)
my mother is 82 years old is buying a flat . people are suggesting that me and my sister also get our names in the registration for flat. can we do that?
yes u can do that there is no prblm at all...but if u do not want to register your name you can registered on your mothers name no problem will be occured at all, if u think that ur property is in dangerous then you are wrong, you will 100% right after your mother ok and if u registered in three names you will get the tax benefits...
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Adv. Moaz Naziri
Moradabad | 25+ Answers
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Can I have two houses under my name?
It is legal to own more than one house in India. In India, there are no limits on how many properties a family or individual can own. The purchase of multiple properties can have tax implications depending on their location and usage. 01-Feb-2023
Can a property be registered in the name of a minor in India?
The Act stipulates that you may only purchase property on behalf of a minor if you are their guardian or signatory authority. Section 11 of the Act states that a person can only purchase property in their own name after they turn 18 years old. 08-Dec-2022
Can a property be registered in three names in India?
It is possible to register the property in a joint name. Property can be registered under the joint names of more than two individuals. This is legal.
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