Transfer of property

Querist : Anonymous (Querist) 26 January 2021 This query is : Resolved
Dear Sir,
What is the procedure for transfer of property from parent's (mother) name to her son,in a CHS ?
What documentation is required for the same ?
PPJ

Follow Query

Report Abuse

Quick Summary

Transferring property from a mother to her son in a Cooperative Housing Society (CHS) typically involves executing a registered gift deed. Your mother, as the absolute owner, can gift the property to you. This deed must be registered at the registrar's office where the property is located. Following registration, you can update revenue records and then apply to the CHS for the share certificate transfer according to the society's bylaws.

SHIRISH PAWAR, 7738990900 (Expert) 26 January 2021
Hello,

Mother can execute a gift deed in favour of the son by paying stamp duty and registration charges. Thereafter you can transfer mother can transfer the flat to her sons's name.

Querist : Anonymous (Querist) 26 January 2021
Is this Gift deed acceptable as per CHS rules.?
Is it acceptable to CHS as per rules ??
Or any additional documentation is required as per CHS rules?

kavksatyanarayana (Expert) 26 January 2021
A Gift deed is sufficient.

Querist : Anonymous (Querist) 27 January 2021
How , who and where a gift deed can be prepared?What would be approximate charges ??

kavksatyanarayana (Expert) 27 January 2021
Your mother can execute a gift deed in your favour. It shall be registered at Registrar office where the property is situated.

Querist : Anonymous (Querist) 27 January 2021
Is it not allowed to register the deed in city other then where the property is located ,considering advanced age of my mother and she being with me in other city due to my job ?

T. Kalaiselvan, Advocate (Expert) 04 June 2021
If your mother is the absolute owner of the property with clear and marketable title and if she is desirous of transferring this property in the CHS to your name, then she first have to transfer the property to your name by executing a registered gift/settlement deed after which you can mutte the revenue records to your name on the basis of the registered transfer deed.
After that you can apply for transfer of share certificate to your name by complying with the procedures as per bylaws of the society.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries