Legal Question in Real Estate Law in India
Transfer of Flat to nominee
What obstacles would i get in transfering the property in my name, if i am the sole nominee on the share certificate of the flat.
The property belonged to my grandmother (now deceased) and her son and two daughters are still alive.
Please advice
Thanks
3 Answers from Attorneys
Re: Transfer of Flat to nominee
All the legal heirs may be co-sharer in the property and entitled to be registered as co-owners in the records of the society even if the share certificate may be in your name.
Re: Transfer of Flat to nominee
As far as society is concerned, it will transfer in favour of nominee.
However, there is a proposition of law which laid down that nominee is merely a trustee of legal heirs of the deceased.
Re: Transfer of Flat to nominee
As far as society is concerned, it will transfer in favour of nominee.
However, there is a proposition of law which laid down that nominee is merely a trustee of legal heirs of the deceased.
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