Geetash2019 25 July 2024

Registration of property amendment

HI , I HAVE A PROPERTY WITH AMRAPALI BULDERS YET TO BE REGISTERED PURCHASED IN MY NAME WITH MY SISTER . I HAVE PAID ALL THE EMI'S FOR THE SAME.

NOW I AM MARRIED AND WANT TO REGISTER THE PROPERTY IN MY AND MY WIFE'S NAME .

MY SISTER HAS NO ISSUES AND IS READY TO GIVE RELINQUISMENT DEED AS SHE HAS RECEVIED HELP FROM PARENTS FOR SEPREATE PROPERTY.

IS THIS POSSIBLE ? WILL I HAVE TO GIVE TRANSFER CHARGES ? WILL MY SISTER BE REQUIRED DURING REGISTRATION?

PLEASE ADVICE RIGHT COURSE OF ACTION?

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Quick Summary

The user wishes to amend their property registration, currently in their name and their sister's, to include their wife. Their sister is willing to sign a relinquishment deed. The advice suggests the sister can either execute a release/relinquishment deed in the user's favour or a gift deed for her share to the user's wife, which would require stamp duty and registration charges.

3 Replies

kavksatyanarayana (subregistrar/supdt.(retired)) 25 July 2024

Your sister shall execute a Release/Relinquishment deed for 1/2 share in your favour or she can execute a Gift deed for her 1/2 share in favour of your wife.

T. Kalaiselvan, Advocate (Advocate) 25 July 2024

Your sister has to transfer her share in the property by executing a registerd gift deed in avor of your wife by paying the applicable stamp duty and the registration charges to enable your wife to become a joint owner along with you