Transfer of property.

Hemant Mirji (Querist) 02 September 2015 This query is : Resolved
Mother died a month ago with the daughter already as the nominee mentioned in the Share Certificate/Nomination form.

> What are the steps the society needs to take to transfer the said property ( flat) in the daughter's name. ( pl note other siblings to the mother do exist). Can the share certificate be transferred immediately?

> Does she ( the daughter ) have to register the property in the Registrar's office and pay Stamp Duty.

> Is there anything like "Release Deed" to be drawn up by the daughter for doing the above registration.

> After two months the daughter intends to sell the flat to a new buyer....can the share certificate be transferred to the new buyer immediately.

Regards

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Anupam Lahiri (Expert) 02 September 2015
Dear Hemant,
Nomination does not confer heirship. On the death of your mother all of your brothers and sisters are owners of the property.

You may apply to the District Court for a Letter of Administration for the above flat, assuming that your mother has not left any will.

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