Legal Question in Real Estate Law in India
I own a flat in my name in a co-op housing society , and want to gift it to my Son and transfer it in his name, the society demands a transfer fee to be deposited in the society, is it legitimate to ask for transfer fee by the society ?
Asked on 6/08/13, 5:16 am
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
08.06.2013
Dear Sir / Madam,
The Society has no legal right to demand transfer fee since it is not a sale but a gift from father to son.
Regards,
Answered on 6/08/13, 5:18 am
Shrichand Nahar
S.V.Nahar, Advocate
Check bye-laws to find out.
Answered on 6/10/13, 2:24 am