Respected Members & Lawyers,
I purchased a property in 2008 but in the name of my father. Now due to old age my father can't really travel. I want to either sell/rent/mortgage that property. For this I want to understand the process of either 1) Gift Deed 2) Transferring the ownership of the property in my name 3) Property is located in Maharashtra hence as per latest state govt. rule no Stamp Duty will be applicable to sell/handover property to blood relatives.
I will be travelling to Mumbai along with my father from 20th jun to 24th Jun. I want to complete the formalities in that week. I don't want to delay this process.
The property is located 200 kms away from Mumbai near Chiplun. So for registration do I have to take my father with me to Chiplun? OR Power of attorney/Declaration letter from father is enough? Kindly provide guidance. Thanks.
Best regards,
Girish Gokhale
Cell: 0-9909948766
