Transfer of flat
Mahesh
(Querist) 30 August 2016
This query is : Resolved
Hi,
Few years ago I bought a flat in Thane with my father as co-borrower. I also have a home loan on flat with my father as co-applicant. However, I am the only one who is paying the home lone.
I lost my father few years ago and as per my understanding following are the legal hairs of my father
1) My fathers mother(I lost her too after my fathers death)
2)My 2 sisters
3)My mother.
None of above are interested in my flat. But my bank wants me to change the flat to my name for top up loan.
Now what is the procedure to transfer the flat on my name. Am I required to pay any fees to government.
Regards,
Milind
Kumar Doab
(Expert) 30 August 2016
It is believed that you are Hindu.
The succession opens on date of death.
Upon date of death your father's mother was live.She will inherit her share.
Her share shall devolve upon her legal heirs.
All Legal heirs may relinquish/sell their share to you to make you full owner.
Mahesh
(Querist) 30 August 2016
Hi,
Thanks for reply. I know some of hairs or my fathers mother. But some I don't know where they are.
In that case what are my options. I searched google and see that there are many legal hairs. Difficult to find all of them.
Also are you in Mumbai. Can you share your no. or office address
Kumar Doab
(Expert) 30 August 2016
LCI Expert Mr. Hemant Agrawal is from Mumbai.
If you wish you may check with him.
Raj Kumar Makkad
(Expert) 30 August 2016
A relinquishment deed is required to be executed by all legal heirs of your grandma and father in your favour so as to make you exclusive owner to that flat which requires nominal stamp duty while getting it registered.
Kumar Doab
(Expert) 31 August 2016
Ask around and you can find out all successors.
Or discuss everything with your able counsel in detail and show all record for a considered opinion.
Rajendra K Goyal
(Expert) 31 August 2016
Agree with the expert Kumar Doab.
Expert Ajay Sethi and expert Hemant Aggarwal are from Mumbai, you can send Personal Message to them.
Kumar Doab
(Expert) 31 August 2016
Expert Mr. Rajendra K Goyal is right.
Expert Ajay Sethi and expert Hemant Agrawal are from Mumbai.
You can benefit from their counsel.
