Registration Settlement Deed and applicability of stamp duty on the it

864 votes

Dear friend,
Your mother can give the flat to one of brother by making gift deed or will with register documents, And relinquished deed from another brother in which he would have release his share in the HUD property. All documents should have registered. Nominal stamp duty are there in case of close relative? for this you required any guidance to do the documents you can contact with me

Advocate Bhalerao Prakash LawRato

947 votes

Hi,

your brother's relinquishment deed is required and the your mother can execute registered gift deed in tour name so that title can transfer to your name.
Also in gift deed the reference of relinquish deed need to mention.


Thanks

Advocate Ravindra Tribhuvan LawRato

901 votes

You are not elaborated whose name is the property currently Rajasthan. The property registered in your mother's name, your mother can transfer the property in your name buy gift deed. It’s is mandatory to register the Gift deed and the Stamp duty is nominal as it’s from Mother to Son.

If the Gift Deed is registered, then you don’t need the NOC from your Brother.

This would work only if the Property is registered in your Mother’s name.

Advocate Manish G Varma LawRato