Name transfer grandfather property to grandson
Samazdar Babu
(Querist) 30 May 2013
This query is : Resolved
Hi all experts.
I have a query regarding the cheapest solution for registering property in name of grandson. here are the events
grand father divided property in 1987 to all four sons and gave them one independent house each in Nagpur Maharashtra.
Grandfather chose to leave with my father till his death 2005. unfortunately my father did not get the property in his name. my 3 Uncles were smart enough to put their names on property. my father passed away in 2010. We intimated this to city survey and the property card now have names of my 3 uncles and me and my mother and my sister's name. I am back in India after working in Germany for last 3 years and want to construct more floors on the property.
my uncle and my family ALL are willing to release their share in the property in my name and are ready to sign any document/deed either notorized or registered for doing this.
I asked local lawyers and getting mixed response regarding stamp duty and type of deed.
My question
What is the best and cheapest way to get my name on the property
Thanks in advance.
ajay sethi
(Expert) 30 May 2013
relinquishment deed by other legal heirs is cheapest solution . it attracts nominal stamp duty .
Rajeev Kumar
(Expert) 30 May 2013
Get the relinquishment deed from other legal heirs.
Samazdar Babu
(Querist) 30 May 2013
Thanks for your valuable advice. An agent in the registrar office gave same advice today. the fees will be Rs 200 (value of stamp papers) + documentation fees Rs 40 /page.
Raj Kumar Makkad
(Expert) 30 May 2013
The suggestion os agent is proper and you can avail his services if the work is done properly.