I have a flat which is registered on my name. I want to include name of my daughter. Please inform me the procedure. Suppose I want to remove my name and transfer the flat on my daughtrs name- what should be done.
Contact a local advocate for drafting a professional and meaningful gift draft deed that can safeguard your rights, protect your daughter's rights against exploitation by others etc. The expenses are negligible when compared with future benefits.
1. Part or Full of your Self Acquired Property can be duly Gifted to Daughter, via stamp duty paid and registered Gift Deed. (in Maharashtra: Stamp Duty: 200/- Registration Fees: 200/-). This can be done without any consent /NOC from ANY other family members.