Legal Question in Real Estate Law in India
Transfer Of Plot
I am the only girl child (Married)of my parents & my mom wants to transfer her plot to me .....
What are the possibilities to transfer it to my name with a minimum fee.
Asked on 1/21/07, 11:37 am
2 Answers from Attorneys
Re: Transfer Of Plot
By registered Will or by Gift deed but transfer by gift will be costiler as your mother shall have to pay stamp duty on the valuation of property.
Answered on 1/21/07, 1:47 pm
Prabhat Shroff
Shroff & Company
Re: Transfer Of Plot
The best way would be by way of a WILL, which does not involve any stamp duty etc.
Answered on 1/21/07, 11:56 pm
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