Transfer of property

Querist : Anonymous (Querist) 01 March 2011 This query is : Resolved
Respected experts

pliz!! enlightened me the hold process that involved in Transfer of property in my name that is gifted by my father to me through Gift Deed.

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A V Vishal (Expert) 01 March 2011
Your father has to execute a gift deed and register it at the local registration office where the property is situate, thereafter, you need to approach the concerned government agencies like the electricity board, municipal office, water works with a copy of the gift deed and request changing the owner's name.

Querist : Anonymous (Querist) 01 March 2011
Thank's you Vishalji!! for enlightening.
need further help,hope don;t mind!!pliz!!

is there any change of future legal complication of not registrations the gift deed executed by my father.??

and what if name of ownership of property is not change in my own name.??

any others way out to transfer the property insist of going to all your mention government agencies??

adv. rajeev ( rajoo ) (Expert) 01 March 2011
on the basis of the gift deed along with xerox copy of it you will have to file an application before the concerned authority to get enter your name to the property

Querist : Anonymous (Querist) 01 March 2011
@ adv. rajeev ( rajoo )Thank's for reply,

sir will they straightaway enter my name or it will need other formality.

Raj Kumar Makkad (Expert) 01 March 2011
Gift Deed is immediately entered in the revenue record without much formality.

A V Vishal (Expert) 02 March 2011
is there any change of future legal complication of not registrations the gift deed executed by my father.??

Ans. Without registration of the gift deed the gift is null and void.

and what if name of ownership of property is not change in my own name.??

Ans. In case the gift is registered and the change of ownership doesnot occur it is not a problem, however, for municipal records if you want to mutate the name on a later date it will cause problems since the mutation is done on the property valuation as on that date.

any others way out to transfer the property insist of going to all your mention government agencies??

Ans. There are no short cuts or easy methods.

Querist : Anonymous (Querist) 02 March 2011
@A.V.Vishal and Raj kumar makkad

Really very-2thank for your enlightening.

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