gifting/selling of UN-partitioned ppty

AJIT KAWATKAR (Querist) 31 March 2009 This query is : Resolved
Im spinster &sr.citizen.in1964 we(2sisters}jntly. purchased ppty.{3600Sq Ft}in maharashtra.my married sister died in1965;leaving behind 7small children.her hesband's name was mutated in her place in1971. he died in1982. children are grown-up now but reluctant to mutate &add names of all 7 heirs especially their sisters[2}.they{3}are running a hotel there since 1990. due to my service i was in mumbai till 2002.i have no physical possession of the ppty. 7/12 excract sill have my name alongwith brother-in-law's. Q.whether it is possible to GIFT/SELL the UNpartitioned ppty. kindly guide along with stampduty obligations.

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Y V Vishweshwar Rao (Expert) 01 April 2009
Your Name is already recorded .You can gift ro sell your share in the property .
Value of the proerty and Stamp duty & Registration Fee particulars can be availed from Local Sub Registrar Office.

Ashey (Expert) 01 April 2009
Yes you can gift/sell/lease/mortgage your unpartitioned share in the property

Ashey (Expert) 01 April 2009
stamp duty and valuation of the property can be obtained from the Sub Registration Office concerned

M. PIRAVI PERUMAL (Expert) 01 April 2009
I agree with the views.

adv. rajeev ( rajoo ) (Expert) 03 April 2009
U can sell ur share. regarding stamp duty u will have to make an enquirey with the regsitrar. U r the absolute owner of ur share.

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