Legal Question in Real Estate Law in India
My father, Mother , me and my sister were the joint owners (with equal shares i.e 25 % each) of a house property in a co operative housing society located in mumbai.
My father passed away this year without a will.
Now we want the property to be held by the three ( my mother , me and sister) equally i.e in 33 1/3 percent each. Also there is no other heir.
Q1. What actions need to be taken with respect to the society and transfer of shares equally in our names equally.
Q.2 Do we need to pay stamp duty on my fathers share for inheriting the property ?
Q3. Do we need to do a separate registration even if the property is inherited after my fathers demise.
1 Answer from Attorneys
You need to get letter of administration of the property from the court concerned and succession certificate for the immovable properties.
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