What is the procedure to transfer the name in a property (plot) after the death of a person? Is it n
28-Jun-2023 (In Property Law)
What is the procedure to transfer the name in a property (plot) after the death of a person? Is it necessary to register a will? Being a legal heir of my grandfather I have a Will, a legal heir certificate, no objection affidavit signed by all the legal heirs in my favor. And how much money is required to transfer the name in a property as it is already registered in my grandfather's name. It's a property related question and I'm a Jain by religion.
Query perused. The property can be transferred in your name by applying for mutation with the MCD in case of freehold and with DDA in case of lease deed. Certain documents like affidavit, indemnity bond, death certificate has to be filed along. In case of unregistered will you need to file the NOC from other legal heirs. For further consultancy and legal services you may contact us.
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What is the transfer of land without consideration called?
What is a Gift Deed? A gift deed allows someone to transfer movable and immovable properties owned by them to another without any financial consideration. The person giving the gift and the recipient of the gift are called the donor. 28-Nov-2022
Is consideration necessary for transfer of property?
It is a transferable asset. The ownership has been transferred. This distinguishes the sale from other transactions such as mortgages, leases, etc. where no ownership transfer occurs. A monetary consideration must be present.
What is the taxability on transfer of immovable property without consideration?
If the stamp duty (the value used by the authorities for calculating stamp duty) is more than Rs 50,000, then the entire stamp value of the property will be taxed. 22-Sept-2022
You simply have to get the mutation done of the property! It would just be the govt fee for the purpose of transfer of property! Its a 30 days process and you will get the mutation in your name. Your religion is no bar for mutation!
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Hello sir, i have perused your query. In the above circumstances, if you have a will then you can register it and thereafter file for the probate of it in a civil court. Furthermore, you can get the property mutated or transfer the title / ownership in your name as well. For further information feel free to contact me.
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