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Goutam (Student)     22 September 2010

Tramsfer of rights and property

A property is owned by two brothers in equal shares. Now one brother is ready to give or transfer his share without any consideration to second brother(who is co-owner in that proerty).
 
NOTE:-(THE PARTIES ARE NOT READY TO DO SUCH TRANSFER BY GIFT DEED OR BY SALE DEED.

My query:-

1. can he transfer his share by the decree of the (permanent Lok Adalat).

2. How i can draft this case for filing in the Permanent Lok Adalat.

3. What are the contents of my drafting. Plz explain fully the lines of the drafting)

4.Is there is any set proforma under the legal service authority act to file such cases.



Learning

 3 Replies

Bharatkumar (ADVOCATE )     23 September 2010

U registererd a release deed and mantion in this deed that "I release my right of share in favour of my brother without any consideration" and registered tjos document in registrar office. 

Adv. K.S.A.Narasimha Rao (legalquestadvisor@gmail.com )     25 September 2010

Dear Goutam,

The best way of transfer of property is by way of Release Deed with consideratin as Bharath suggested.

You cant avoid stamp duty, even if u go through Lok Adalat or any other fora,

R.Ramachandran (Advocate)     25 September 2010

Dear Mr. Narasimha Rao,

Can you kindly explain to me (for my benefit and knowledge), what do you mean by saying "even if u go through Lok Adalat or any other fora"?

Regards


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