Legal Question in Real Estate Law in
I am owner of a flat. I want to transfer the flat to my brother's and sister in law name. Would like to know the procedure of the same.
Asked on 12/03/10, 9:55 am
1 Answer from Attorneys
Vishwa Arya
Arya & Co.
during your life time you may do so by way of gift without involving money or by way of sale deed on the basis of considertion. this would require payment of stamp duty per state rules.
In the alternative, you may write a will in their favour for them to get it after your death. No stamp duty is required in this.
Answered on 12/03/10, 10:51 am
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