Gift deed

Amit B Bahl (Querist) 22 August 2017 This query is : Resolved
My mom has 100% interest in a flat in a chs. She wants to enter into a gift deed and transfer 50% interest in the flat to me. Pls explain what is the procedure for the gift deed execution

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Kumar Doab (Expert) 22 August 2017
What is this interest?

The interest is owned in what form?

Kumar Doab (Expert) 22 August 2017
The interest is title or shares?

Rajendra K Goyal (Expert) 22 August 2017
She can gift the property through registered gift deed.

SHIRISH PAWAR, 7738990900 (Expert) 22 August 2017
Your mother can execute gift deed through registered deed. Stamp duty and registration charges applicable.

Hemant Agarwal (Expert) 23 August 2017
1. Execute duly Stamp Duty (3%) + Registration Fee (200/-) paid "Gift Deed" for the 50% "title-ownership" of the immovable property.
2. Society Bye-Law Form no. 4 & 23 "plus" one cheque of 100/- towards "membership entrance fee"
3. Covering Letter addressed to Society Secretary, attached with above.
4. PERIOD.

Keep Smiling .... Hemant Agarwal
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