proportainte share in Flat

Querist : Anonymous (Querist) 31 January 2011 This query is : Resolved
Thanx in advance to all expert..

X (mother) purchased flat, in Pune, through her Attorney, her eldest son, Z, with co-purchaser Y (x’s younger son) in Pune. Total consideration of said Flat is Rs. 10,00,000/-. Out of which X paid Rs. 7,00,000/- and Y paid Rs. 3,00,000/-. Now, X with the consent of Z wants to transferr her all share in favour of Y or his wife P. Which document technically appropriate for transfer of X share – Deed of Transfer or Gift Deed or any other ?? Society or Apartment is yet not formed.

I shall be very grateful for your reply.

Follow Query

Report Abuse