Family settlement deed

Neeraj Kaushal (Querist) 20 April 2012 This query is : Resolved
sir,
what is settlement deed , can we transfer the land through settlement deed.
2. settlement deed can be executed in favour of brother .

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M.Sheik Mohammed Ali (Expert) 20 April 2012
first explain about your property ? either ancestral or selfearned. settlement deed can executed to bro also.

ajay sethi (Expert) 20 April 2012
if it is self acquired property execute deed of gift in favour of your brother

SAINATH DEVALLA (Expert) 20 April 2012
Dear Neeraj,

Kindly eloborate the nature of the property.

Devajyoti Barman (Expert) 20 April 2012
Yes is the answer for last two of your queries.
For the first one consult a book or a alwyer.

M/s. Y-not legal services (Expert) 20 April 2012
nice answer given by my brother marman..

-tom-

MohammedRaffiq Bijapur (Expert) 20 April 2012
Family Settlement deed is one of the mode of transfer of movable and immovable property.
It need not be compulsorily registered. but it is entirely different from Partition deed.
Yes is the answer for both the questions. But be sure that by the deed of settlement you are not taking away the per-existing rights of any of the co-sharers.

Shonee Kapoor (Expert) 20 April 2012
Unless we know which kind of property is being settled, nothing can be advised.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

J K Agrawal (Expert) 21 April 2012
Dear Mr Neera
Sattlement deed is not transfer of property. It only describes share of persons who are already owner of property. If yup want to give more to one that of his share, it becomes transfer deed.