Flat Nomination Form
Mayur Vaidya
(Querist) 24 February 2016
This query is : Resolved
If there are two names in nomination form and in the last coloumn the name of the first Nominee appears where its written that after the death of flat owner, 100% shared are transfered to him. Then whats happens after the death of flat owner? Is that person, the sole owner of the said flat? Please advice.
P. Venu
(Expert) 24 February 2016
A nominee is not necessarily a legal successor to the property. He (or she) is only a trustee on behalf of the legal heirs.
Rajendra K Goyal
(Expert) 24 February 2016
Nominee is trustee, agree with the expert. Property can be claimed by legal heirs.
Hemant Agarwal
(Expert) 26 February 2016
1. ONLY "society membership" can be transferred based on the Nomination Form of the Deceased.
2. Nominee is NOT entitled to any saleable "Title-Ownership" of the deceased's property
3. Nominee (IF a legal heir /beneficiary) shall apply to the Testamentary division of the Mumbai High Court and obtain "letter of Administration" or a Probate of a existing will of the deceased.
4. Nominee is only a "security guard /watchman" delegated by the deceased, to "care-take" its property, till duly transferred to the legal heirs.
Keep Smiling .... Hemant Agarwal
http://www.maharashtra-society-help-forum.com