Sucession & inhertance of property in karnataka

Ganganna Nijampure (Querist) 25 May 2017 This query is : Resolved
I had bought residential sites measuring 60 X 40 sqft each in the year1990.

It was registered in the name of my then minor son as per the prevailing inheritance acton 20 April 1990.

In the same year this act was amended in to provide equal right to daughter of fathers property. (Published in the Karnataka Gazette (Extraordinary) Part IV-2A, as No. 608 dated 20-11-1990.

I want to transfer one plot/site measuring 40x60 sq ft to my daughter.

Both are age of major now.

Experts Please guide, help me in execution of the transfer of site/plot to my daughtername so that has no problem of ownership of property with clear legal title.

G.Nijampure

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ADV-JEEVAN PATIL, MUMBAI (Expert) 26 May 2017
1) make gift or will or
2) transfer by 7/12 & 8 extracts

Kumar Doab (Expert) 26 May 2017
"I had bought residential sites measuring 60 X 40 sqft each in the year1990.
'

You have already registered a plot in the name of (then) minor son.

Kumar Doab (Expert) 26 May 2017
"I want to transfer one plot/site measuring 40x60 sq ft to my daughter."

You want to register a plot in the name of daughter that is major now.

The area of both plots is same.

Kumar Doab (Expert) 26 May 2017
It is believed that you are all Hindu.

The property that you have is self acquired/earned or ancestral?

Confirm!

Kumar Doab (Expert) 26 May 2017
Also confirm if you are a senior citizen.

Guest (Expert) 26 May 2017
Your Son is Major Now

Guest (Expert) 26 May 2017
He is the absolute Owner of the Property Purchased in his sole name now

Guest (Expert) 26 May 2017
You can do nothing with out the Consent of your Son

Guest (Expert) 26 May 2017
Seek your Son's Willingness and Opinion for your Intention

Guest (Expert) 26 May 2017
Better show all the Documents to A Local Good Senior Advocate for A Legal Opinion

Kumar Doab (Expert) 26 May 2017
Your son is independent title holder.

Kumar Doab (Expert) 26 May 2017
He is owner.

Kumar Doab (Expert) 26 May 2017
You can pass your property that is your name to your daughter by any valid/registered deed say; Gift/WILL/Sale……….

Kumar Doab (Expert) 26 May 2017
It is believed that you are not asking the plot in the name of your son to be transferred to your daughter.

Kumar Doab (Expert) 26 May 2017
The plot in the name of your son can be transferred to your daughter, by your son.

Kumar Doab (Expert) 26 May 2017
Yes you can show the documents related to property to a very able local counsel of unshakable repute and integrity specializing in revenue/civil matters.

Rajendra K Goyal (Expert) 26 May 2017
Your son is owner of the property, he can gift it to her sister. You have no right on the property which is in the name of your son.

Ganganna Nijampure (Querist) 26 May 2017
Kumar Doab.&N.J.S.Rajkumar alias narasimha

Does my son automatically becomes absolute owner without ratification legally on attaining Major age.?

Not ancessotro; property bought by me and both plots registered in minor son's name.

I am a senior citizen now.

Asking now the plot in the name of my son to be transferred to my daughter.in view of the amendments introduced by Govt of Karnataka in the succession/Inheritance of property Act in 1994 which entitles equal share in the property.

My good son has no problem, he would sign a gift deed willingly.

Gift deed entails any expenses?.

My major son now becomes absolute Owner of the Property Purchased by father in his sole name when he was minor .

please elucidate

Guest (Expert) 26 May 2017
Please Check with the Concerned Registrar Office the Cost Of Gift deed

Guest (Expert) 26 May 2017
Even A " Settlement Deed " would serve your Purpose which would be Less than Gift Deed Cost Wise

Guest (Expert) 26 May 2017
Discuss with Concerned Registrar Office

Guest (Expert) 26 May 2017
Senior Document writers at Concerned Registrar Office would Assist and Guide you well and they could draft the required documents also.

Kumar Doab (Expert) 26 May 2017
"Not ancessotro; property bought by me and both plots registered in minor son's name.
................

My good son has no problem, he would sign a gift deed willingly."

The son (Brother) can dispose in favor of daughter (sister).

Kumar Doab (Expert) 26 May 2017
The duty, fee, charges for such deeds are state subject.

Check at SRO.

Kumar Doab (Expert) 26 May 2017
Inquire the cost of any deed e.g; Gift deed from SRO.

Many states have waived off duty amongst relatives.

The list of relatives and waiver can be checked at SRO.

Kumar Doab (Expert) 26 May 2017
The deed writers have such list/notifications and can let you know.

Sucession & inhertance of property in karnataka

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