Blue (CID) 09 July 2014

Transfer property from son to mother

Hi All,

I am a Hindu Male and recently married (3 years ago).

I have a house (not ancestral property) in my name in Mumbai.

Relationship between me and my wife has turned sour, and she has begun to lie and manipulate both me and my mother for her personal gains. (I doubt she is cheating on me). She has a relative who is politically inclined.

Please suggest a cheap and effective way of transferring the property I own to my mother's name, so that even in case of a divorce, my wife wont get anything. Is such a thing even possible?

Are there any other suggestions?

Am awaiting your reply.

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5 Replies

Blue (CID) 09 July 2014

Also please let me know the costs involved.

naveenraj jain (proprietor) 09 July 2014

Registered gift deed can be executed. The cost of registration involved between blood relations is minimal. Costs varies from state to state

T. Kalaiselvan, Advocate (Advocate) 09 July 2014

If you desire to transfer your self acquired property to your mother's name, you can either do it by a settlement deed or a gift deed and either of this deed has to be registered with the concerned registrar office. Fro stamp duty, you may enquire from the local sources in Mumbai because it varies from one state to another. Lastly, your apprehensions about a possible threat to your property from her in the event of seeking divorce from her is unnecessary because atleast as of now there is no such law through which she can lay a claim for a share in your property.

naveenraj jain (proprietor) 09 July 2014

My suggestion is only with regard to transfering of property between mother n son. Kindly seek help with regard to other pblm

Raju Francis (Compliance Officer) 10 July 2014

I have booked 1 BHK flat in Indore and financed from Bank. My wife is co- applicant, Flat is insured and nominee is my wife. My wife affair with another person. She and her lover want to kill me.

What is the procedure for change of nominee? or any other suggestion?