Ancestors property transfer

Abhishek Kumar (Querist) 06 March 2024 This query is : Resolved
Ive a property of my ancestors currently in the name of my Grandfather. My father wants to transfer the property in my name i wanted to know the process and total charges i have to bear to complete the transfer process.

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Transferring ancestral property can be complex. While your father cannot directly transfer it to you if it's truly ancestral, all legal heirs, including daughters, have an equal share. If your grandfather is alive, he can gift the property to you via a registered gift deed. Alternatively, if your father inherited a share, he could use a settlement deed, but you'll need to check costs with the local registrar.

kavksatyanarayana (Expert) 06 March 2024
The ancestral property cannot be transferred by your father in your name. All the legal heirs (including daughters) have an equal share in the ancestral property. All the legal heirs may release their rights over the property in favour of you.

Abhishek Kumar (Querist) 06 March 2024
Right now my grandfather is also alive and is there any help that i can get to transfer the property in my name, if so i would like to know the process.

T. Kalaiselvan, Advocate (Expert) 06 March 2024
Your grandfather's property if inherited by your father as his share then he can transfer the same by executing a registered settlement deed in your favor, you can enquire the costs i.e., the stamp duty and the registration charges form the local registrar office

Advocate Bhartesh goyal (Expert) 07 March 2024
Since ownership of property vests to your grandfather and he is alive then he can transfer the property to you by way of registered gift deed.

P. Venu (Expert) 16 March 2024
How is that the property is ancestral? It could be that the property is self-acquired and hence, the grandfather is the absolute owner.

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