Mr. Fahad 29 October 2020
Hi Experts,
One of my friend purchased 1000 Sq. yards of non agriculture land and become title owner and now he want to add his cousin brother as a joint owner of 350 Sq. Yards.
- Kindly advise me which deed he suppose to perform and how..
Warm Regards..
Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108) 29 October 2020
1. You may prefer to execute a registered Gift Deed or a Sale Deed for 350 Square Yards in favor of Cousin Brother, which will permanently make him Title Owner of 350 Square Yards land.
Keep Smiling .... Hemant Agarwal
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kavksatyanarayana (subregistrar/supdt.(retired)) 29 October 2020
Yes. He shall execute a Gift deed in favour of his cousin. The Stamp duty and registration fees are less than the sale deed.
Mr. Fahad 31 October 2020
Sir, Can he execute conditional gift deed in favour of his cousin brother... is that valid in the court of law?
Actually he want to make his cousin as a partner of 350 Sq. yards with consideration but he want to empower on whole 1000 Sq. yards property until it get development or sale..
Please suggest.
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