Transferring house paper from brother to brother
09-Jul-2023 (In Property Law)
Hi, My dad's brother have a house in Pune. Both are real brothers. And they are selling there house to us. So we are planning for transferring paper , so please suggest me the steps which which cost as minimum as possible .. or else can they gift this house to us to avoid the paper work .. please suggest me the best way
This is my response to you:
1. The house if transferred between blood relatives then it is better to opt for a Gift Deed;
2. The Gift Deed invites less charges, less stamp duty and is the safest means of transfer of property;
3. Therefore your uncle cannot directly transfer to you, since he is not a direct blood relative;
4. Your uncle can transfer it to your father and he in turn can transfer the same to you.
1. The house if transferred between blood relatives then it is better to opt for a Gift Deed;
2. The Gift Deed invites less charges, less stamp duty and is the safest means of transfer of property;
3. Therefore your uncle cannot directly transfer to you, since he is not a direct blood relative;
4. Your uncle can transfer it to your father and he in turn can transfer the same to you.
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.
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