Removing my wife's name from property with her consent
Ankur Sharma
(Querist) 08 February 2018
This query is : Resolved
Hi! I purchased a flat in May 2015 jointly with my non-working wife. Her name on the property was for namesake only (no contributions). Now I want to remove her name from the property (with her consent). What will be the transfer cost (stamp duty, registration charges)? The property is under loan repaid by me. Location Ghaziabad UP.
Kumar Doab
(Expert) 08 February 2018
Perspectives; Sale/Gift/Release/Relinquish/Transfer/Settlement..............deed.
Check duty charges locally under list of relatives....
Visit website or SRO in person...
kavksatyanarayana
(Expert) 09 February 2018
Your wife has to execute a Gift deed in your favour for her 1/2 right as per document already registered. the required stamp duty is Rs.2% in UP. however check the same in Sub Registrar office concerned as the stamp duty differs from one State to another State.
Dr J C Vashista
(Expert) 11 February 2018
Consult a local lawyer for proper advise qua stamp duty in UP being a state subject.
Ms.Usha Kapoor
(Expert) 26 June 2018
Agree with Kumar Doab an d Kavaksatyanarayana.