Adding name in property

rohit (Querist) 05 February 2018 This query is : Resolved
Sir,

My father-in-law has a LIG flat in Noida and he has written in his property papers that "this flat belongs to me and my daughter" and my wife is the only living daughter at this time.

My father in law wants that we should include her name in the flat papers or get this flat transferred in her name as life is uncertain.

1. What is the procedure to do the same in Noida and what documents are needed and how much money will be charged in this?

2. Even though the sentence states that "this flat belongs to me and my daughter", can he gift the flat to my wife via a gift deed and if so, what will be the procedure & where to get it registered.

Currently, we all are living in Delhi.

Regards

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adv. rajeev ( rajoo ) (Expert) 05 February 2018
Let your father-in-law gift the property to your wife's name so her name will be entered in the property extract

rohit (Querist) 05 February 2018
And what is the procedure to gift the property, on what amount of stamp paper the gift deed can be signed? The price of property is nearly Rs.12 lakhs.

Sri Vijayan.A (Expert) 05 February 2018
Ask your FiL to write a settlement deed in favour of MiL.
You can get the assistance of a local good lawyer near Noida.
Register the deed in the Sub Registrar Office.

The fee and stamp duty has concession for the transactions between the spouses.