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Discussion > Property Law > Disputes > Karnataka Property Transfer Laws   Unanswered Threads Post New Topic

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There are 5 Replies to this message


ANKS


Self
[ Scorecard : 28]
PRO CHAT CALL
Posted On 11 February 2010 at 14:49 Report Abuse

Dear Sir/Madam, My client's father recently passed away intestate in Karnataka. He is survived by his wife and 3 children. Two daughters and one son and all 3 children are married and well settled. The wife and daughters are willing to transfer the property to the son. What is the procedure to follow for transfer of property to his name. Please advise. Thanks in advance.



A V Vishal


Advocate
[ Scorecard : 19867]
PRO CHAT CALL
Posted On 11 February 2010 at 18:35

The mother & daughters can execute a relinquishment deed in favour of your friend.


ANKS


Self
[ Scorecard : 28]
PRO CHAT CALL
Posted On 12 February 2010 at 09:21

Mr. Vishal, Thank you very much. Could you pls attach a format of relinquishment deed if you have please. is this Deed enough or is Khata transfer also required?


A V Vishal


Advocate
[ Scorecard : 19867]
PRO CHAT CALL
Posted On 12 February 2010 at 19:28

Consult a local lawyer and he will do the needful. The deed needs to be registered so appropriate stamp duty and registration charges will be incurred.



Total thanks : 1 times

B K Raghavendra Rao


Senior Advocate
[ Scorecard : 3857]
PRO CHAT CALL
Posted On 16 February 2010 at 23:39

Your client's father has died intestate.  Therefore, the properties do not delve upon wife and children of deceased automatically.  Wife and children need to obtain succession certificate from jurisdictional civil court after filing a suit. The procedure would take about a year.  They need documents like family (geneological) tree, affidavit saying that they are the only successors, death certificate of the father, poperty documents etc.  They need to advertise in a local newspaper about the succession and invite objections if any.  After proceedings, the court would grant succession certificate upon which they need to pay a court of about 7.5% of the market value of the property.  Succession Certificate need to be registered in the sub-registrar's office and registration fee is 1% of the property value.

 

After succession certificate is obtained, mother and daughters can execute reqlinquishing deed on appropriate stamp paper that need to be registered.



Total thanks : 1 times

ANKS


Self
[ Scorecard : 28]
PRO CHAT CALL
Posted On 17 February 2010 at 14:42

Thank you very much for your advice Sir.




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