Question on Transfer of Property Question on Transfer of Property

5 years ago

Hi,

My Grandparents died some years ago and there is no will available and they have 3 children, 2 sons and 1 daughter. Their Daughter is ready to leave her share and ready to sign the relinquishment deed and the property should be in the favour of 2 sons. There are 2 floors and both the sons are ready to take 1 floor each, is there any way we can save the stamp duty and get the property transferred to their Legal heirs or any other way we can sign an agreement to effect this.
Your reply will be highly appreciated. Thanks!

Kishan Dutt Kalaskar

Responded 5 years ago

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A.Get family heirship certificated and NOC from the sisters and get transfer as per family settlement written Rs.200/- stamp papers.
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Anonymous

Replied 5 years ago

Thanks for your revert sir!
Do we need to pay stamp duty on family settlement deed ?
If yes how much. Thanks!

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GANESH SHARMA

Responded 5 years ago

A.If there is transfer between blood relationship then no stamp duty levy other wise in your case partition deed will be executed between both brothers and stamp duty will be charged
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Anonymous

Replied 5 years ago

Thanks Mr. Ganesh.
In this case transfer is between blood relation from father to son. Still stamp duty is required?

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