Prafulla 18 February 2020

Property transfer fees

I have purchased flat from my elder brother with proper sales deeds and now society demanding transfer fees for changing ownership .i have purchased flat with proper sales deeds from real brother .. please advice whether it will be applicable to me

Reply Follow

3 Replies

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108) 19 February 2020

1. IF property transaction has taken place in Maharashtra, THEN under the provisions of Maharashtra Coop. Societies Act, Rules & approved Bye-Laws, property transaction between blood-relatives, does not attract "Share Transfer Premium". However the following is applicable:

a) Membership Entrance Fees: 100/-

b) Membership Transfer Fees: 500/-

c) Share Transfer Fees: 0/-

2. For other States than Maharashtra, kindly prefer to check the Society Bye-Laws, for more details.

Keep Smiling .... Hemant Agarwal
VISIT: www.chshelpforum.com

1 Like

SHIRISH PAWAR, 7738990900 (Advocate) 19 February 2020

Dear querist,

Transfer fees in your case is not applicable you can pay nominal transfer fees and entrance fees. If society still asking for transfer fees in that case you can approach co. op. registrar and file application.

Regards,