Family settlement deed

Guest (Querist) 20 June 2012 This query is : Resolved
We have executed a Family Settlement Deed in Kolkata during 2010-11.The settlement relates to distribution of all moveable and immoveable properties belonged to my father,who expired in January,2010.Is it necessary to get the Deed registered.If so, what will be the tentative cost of registration charges?For the said purpose will it be necessary to ascertain the value of all properties left by my father?

For the above purpose,will it be necessary to execute a fresh deed or we can register the deed already signed by all of us?

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M.Sheik Mohammed Ali (Expert) 20 June 2012
yes, you must registered your partition suit than only its valid as per eye of law, the cost of register mostly 10000 only. check with register office.

Shashikant V. Patil (Expert) 20 June 2012
execute a registered partition deed for all legal heirs. You have to reveal prevailing market rates of all properties. The stamp duty is differ state to state. That you inquire in Sub-Registrar Office.

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