Legal Question in Real Estate Law in India

Nomination & Transfer of share certificates to Nominee

My father did a joint nomination on the name of my mother and mine in our housing society. My father passed away and would like to know what detailed procedure do we have to follow to transfer the name & share certificate in the society, so that at the time of selling a flat we should not face any legal problem.


Asked on 4/15/09, 10:40 pm

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

Re: Nomination & Transfer of share certificates to Nominee

Apply to the Society in the form prescribed under the bye-laws with death certificate of father.

The society would effect necessary changes in the share certificate to delete name of your father and enter your names as members.

Read more
Answered on 4/16/09, 1:01 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: Nomination & Transfer of share certificates to Nominee

Already replied.

Read more
Answered on 4/17/09, 6:37 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Nomination & Transfer of share certificates to Nominee

Since you are already the nominee in records of Society; and you two are also the legal heirs, the Society may have no objection in transferring your name as owners substituting the name of your father.

Read more
Answered on 4/16/09, 3:37 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in India