I have a flat in Ahmedabad with the joint name of my elder brother and my self. My elder brother is a first holder and i am the second as per the society share certificate. As per the mutual understanding with my brother, he wish to transfer his 50% share to me without taking any money ( he would like to remove his name from society's share ceritificate/membership).
Kindly, solve my following queries,
1. Is there any deed to be made for this transfere ? (We already made noterised declaration like release deed for this)
2. Which type of doucments required to remove his name from the society's share certificate
3. Our society also asking us for transfer fees, is it legally payable ? (as per my view it is not a transfer of property )
Please reply
