LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Transfer of ownership flat to successor

Querist : Anonymous (Querist) 28 December 2010 This query is : Resolved 
One of my friends had purchased a flat, in his name, in a housing complex with part finance from financial institution. Although the possession was taken and monthly maintenance charge is paid to the Association, he did not get it registered in his name. Few weeks ago he succumbed to some lifetaking illness. He had not made any Will. His successors are his wife and only daughter apart from aged mother. There was no nominee. The home loan was insured against his life and hence, the flat is now clear from any loan. Apart from his wife, daughter and mother, he got two sisters who are married off and well settled. How can the ownership of this flat be registered in the name of his wife or daughter - mother also stays with them but would not be raising any ownership claim in her name. Please enlighten.
adv. rajeev ( rajoo ) (Expert) 28 December 2010
Wife, daughter and mother are the class I legal heirs of the deceased, as such amongst the 3 legals two have to relinquish their rights over the property in favour of one person, in whose name it is going to be regd.,
Devajyoti Barman (Expert) 28 December 2010
Yes. The flat can be registered iin the name of the widow and daughter but the mother will have to execute and register a deed of relinquishment in their favour.
H.M.Patnaik (Expert) 29 December 2010
Views expressed by experts are correct.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :