Raj Kumar Makkad's Expert Profile

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prateek says :
sir r u there?

prateek says :
hello sir i need some serious help can u pls help me?

Anupa Chakrabarti says : Transfer of part ownership
Mr. Makkad, I will be grateful if you can help me out.

Anupa Chakrabarti says :
Dear Mr. Makkad: My Question: My husband died last year . He purchased a flat in his own name and registration was not done before his death. I am told that In my husband's absence I have 1/4th share, the other shares being held ny my 2 minor daughters & my mother-in-law. Now my mother-in-law wants to give her share in favour of my 2 daughters under the condition that the flat cannot be sold until my younger daughter reaches 21 yeras of age. Now my queries are: 1. How should this tranfer be done? 2. once the transfer is done can I register the flat in my & my daughters' name? Mr. Vishal: Thanks a lot. How will my mother-in-law transfer her portion to my daughters' name - 1.on a non judicial stamp paper? 2.if yes, rS. 10, 20, 50- which stamp paper- how should I decide? 3. It should be signed by how many witnesses? 4.Should it then be registered? 5. Is anything more is needed? Your Reply: As the flat is still not registered so why to get entangled in the long process means registration in the name of all 4 persons and then relinquishing of share by your mother in law in favour of your daughters? It is very simple. Get the registered sale-deed either solely in your name or in the names of your and both your daughters in equal share. It shall save your money as well as time. My further question: the flat was puchased using a loan which was insured. Now the bank wants an indemnity from all the legal heirs ( MotherInLaw, ME, 2 DAUGHTERS)and it wants to write off the loan. Bank has told me that it will give the flat in my & Mother-in-law's name unless she gifts/ transfers her ownership. If she transfers in my/ daughter's name then bank will give the flat in my& my daughter's name only. Promoter has told that unless Mother-in-law trasfers her share to us it cannot be registered in my & my daughter's name. So I am using this procedure. You have told to get the sale deed registered in my/ my daughter's name. How can it be done because my Mother-in-law is also a legal heir.

VENKS says : contact number
Hello Raj kumarji, Can I have your contact number or emial ID. 498a victim.

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