Rajesh kumar (self employed) 12 March 2011
Myself and my brother had purchased a plot. Now he plans to transfer his share in my name. I was suggested to get a relinquishment deed signed. Is it the best way and most cost effective way to get his share transfered in my name ( we had got a lokadalat decree transfering his share to me, but my lawyer forgot to register the same within stipulated time and hence i was told it is no more valid). Please advise.
bhagwat patil (Property due diligence 9422773303) 12 March 2011
beter go for purchase deed.
Rajesh kumar (self employed) 12 March 2011
The plot is already purchased for last 6 years. As he has moved out of india, he wants to relinquish his share. If i go for purchase deed, it wd attract registration fee and stamp duty. Please advise
bhagwat patil (Property due diligence 9422773303) 13 March 2011
It IS BETTER TO PAY STAMP DUTY AND REGISTRATION FEES,FOR FUTURE . ITS BEING SELF AQUIRED PROPERTY OF YOUR BROTHER IN EYE OF LAW ITS BETTER TRASNFER BY WAY SALE PURCHASE.
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