Joint property ownership

Manisha (Querist) 29 May 2017 This query is : Resolved
Dear Sir,

We have a joint flat on the name of me and my husband in Chennai. I want to withdraw my name from the ownership of flat. what will be the procedure to transfer the ownership of property to my husband's name.

Regards
Manisha

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Hemant Agarwal (Expert) 30 May 2017
1. Execute a Duly Stamp Duty paid & Registered "Relinquishment Deed", in favour of your Husband. This will be sufficient for all futuristic legal purposes.

2. IF you have contributed actual Capital in purchase of the Property, THEN execute a Duly Stamp Duty paid & Registered "GIFT Deed", in favor of your Husband. This will be irrevocable and non-challengable at the hands of any & all legal heirs.

Keep Smiling .... Hemant Agarwal
VISIT: http://www.maharashtra-society-help-forum.com

Kumar Doab (Expert) 30 May 2017
You may choose as suggested by Mr. Hemant Agarwal.

Kumar Doab (Expert) 30 May 2017
Sale deed is another option.

Choose that is most suitable to you.

Rajendra K Goyal (Expert) 30 May 2017
Agree with the expert Hemant Agarwal.

Guest (Expert) 30 May 2017
Agreed with Expert Mr.Hemant Agarwal Please

Kumar Doab (Expert) 30 May 2017
Agreed with Mr.Hemant Agarwal.

Manisha (Querist) 31 May 2017
Thanks for revert!! Currently we are out of chennai for job. Do I need to make the deed in Chennai only if property is in Chennai? What all documents do I need to submit for making deed.