My Father-in-Law has 2 daughters, I’m married to the elder one and the younger one is married and settled in the US. My Father-in-Law owns a house and he wants to gift it to my wife and in considerations, we want to pay land value to my sister-in-law in the US.
I would like to know what kind of legal document needs to be created for this? And how my sister-in-law can take the money back to the US under legal terms?
A.Dear Client,
Because a gift cannot be made in exchange for something of value, you must understand the parameters under which your Father-in-law is willing to sign that registered form of transfer in his eldest daughter's name. It's important to know if your sister-in-law is still an Indian citizen.
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Advocate Sinjari Bandyopadhyaya
Responded 2 years ago
A.It is necessary to know whether your sister in law is still Indian Citizen or not. Gift cannot be made with consideration so it is necessary to know the terms by virtue of which your Father-in- law is willing to execute that registered document of Transfer in favour of his eldest daughter. To give legal opinion, the relevant facts are necessary.
Dear Client,
When a registered owner passes away leaving a property intestate, i.e, without any will, all the surviving family members and legal heirs are entitled to an equal share in the said proper...
Dear Client,
A property when left by the deceased owner intestate i.e, without any will, is devolved upon the surviving legal heirs in equal share following the law of inheritance/succession. After t...
Dear Client,
The death certificate of a deceased person is a crucial document that is mandatorily required for the issue of a legal heir certificate either by the Municipal Authority or to apply for a...
Dear client,
If the seller of the property is not now in India, he can still execute a POA abroad, but the process is slightly different. His first step is to visit the Indian Embassy or Consulate in...
Dear Sir,
If there is perpetual restraint from selling the land then the grandson cannot sell without the permission from the Deputy Commissioner. The conditions in the Darkasth to be read.
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