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lax.cosmic@gmail.com (lax.cosmic@gmail.com)     05 September 2011

Partition deed stamp duty

We have a undivided property in TamilNadu valued Rs 8,00,000/-. The document is in the name of 8 co owners(4 each from two families). We need to partion this and give 1/8 to one of the co owners. The balance 7/8 can be held jointly(undivided) or divided into 1/8 each to the remaining 7 co owners. What is the best way to do this with least stamp duty .



Learning

 1 Replies

SRIKANTH (junior)     04 July 2012

Partion deed is a correct transaction. charges 24,500/- for expense plus fees. 

 

regards

srikanth

9381206050


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