Legal Question in Family Law in India
How to get family property transferred to my name?
ABC & XYZ are cousins. XYZ worked for ABC. ABC failed to give him money saying that his co. has become bankrupt and that he cannot give him money right now. They also have family property in gujarat state. ABC has agreed to transfer his share of property to XYZ. What form he should sign or they make an affidavit? Kindly tell how to bring about the transfer?
5 Answers from Attorneys
Re: How to get family property transferred to my name?
If you are blood related than by way of relinquishment deed/ release deed by ABC in favour of XYZ otherwise by way of registered sale deed. For furhter query contect me
Re: How to get family property transferred to my name?
By way of gift/mortgage or sale.If the property is in joint name with you then they can relinquish their right in your favour.
Re: How to get family property transferred to my name?
best way is to get the property transferred through sale deed
Re: How to get family property transferred to my name?
tHE facts are not clear. please write in details, if it is a business transaction or a family transaction?
Re: How to get family property transferred to my name?
If the property that is to be transferred is absolute property of ABC then it is better to go for sale deed, and if the ABC and XYZ have joint share in the property,then ABC shall execute release deed in favour of XYZ
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