Legal Question in Real Estate Law in India

What is the procedure, for private owned property just to be transfer on relatives name without any sales proceeds.


Asked on 6/18/13, 9:20 pm

2 Answers from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

By a duly registered Gift Deed.

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Answered on 6/18/13, 9:28 pm
Fca Prashant Chavan Expert Edge LLP

19.06.2013

Dear Sir / Madam,

Where there is a transfer of property out of natural love and affection without any consideration, you should execute and register a Gift deed for transfer of such private owned property to a relative.

Regards,

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Answered on 6/19/13, 4:08 am


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