Gift deed transfer premium

Twinkle Parmar (Querist) 29 December 2024 This query is : Resolved
Property is located at navi mumbai kharghar

Property is in name of two brothers while one has transfer 100% rights to other brother by way of gift deed paying 1% stamp duty and registration fees

Now while doing cidco transfer to remove name in cidco record as well as from conveyance deed and share certificates

Society is asking for transfer premium to be paid of 25000 to housing society

Pla advice

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kavksatyanarayana (Expert) 29 December 2024
It is a minimum of Rs.5000/- for residential flats and a maximum of 25 lakhs.

T. Kalaiselvan, Advocate (Expert) 30 December 2024
The transfer fee for this purpose will depend on the bylaws, if the demand made is in accordance with the bylaws of the society then it may have to be obliged.

Dr. J C Vashista Online

(Expert) 31 December 2024
Same query is repeated in slight different form as observed from profile of author, which is as under:
asked a query in Experts Deletion of co-owner name from property by gift deed
asked a query in Experts Gift deed transfer premium
replied to a query in Experts Transfer premium in chs
asked a query in Experts Transfer premium in chs
posted a new topic in forum Retrieval of share certificate
More

Read more at: https://www.lawyersclubindia.com/profile.asp?member_id=303066

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