Gagandeep
5 years ago
Hello sir
My sister wants to make a gift deed Of a flat she owns in nellore andhra pradesh to my father. I want to know the process and concered charges including everything. Please help me out
Thank you
Deepak Yashwantrao Bade
Responded 5 years ago
A.Dear client registration charges of gift deed of property within the family is very nominal and differs from state to state. It might vary from 1%-2%. Kindly go through local experienced lawyer
Helpful
Helpful
Share
A.Dear Client,
Shri Thota Narasimham , Minister for Stamps and Registration, Government of Andhra Pradesh said in a Press Conference that the Government was thinking of reducing the Stamp Duty from 3 % to 1 % in 2013 and I am not sure if that been implemented .
Secondly,There is a Chart known as , A.P. STAMP DUTY DETAILS, which includes ,Sl. No., Nature of Document, Stamp Duty Rates for Andhra Pradesh, Transfer Duty, Registration Fee etc., You will get the Money Receipt for the amount you will be paying and the money goes to the State Exchequer directly. In addition, be prepared to spend at least 1 % of the total cost which is unofficial and you will not be given any receipt for this. This is TIPS/SPEED Money whatever terminology you use. If you do not pay your work may be delayed on some pretext or the other.
By saying this I am neither supporting nor encouraging corruption, but simply I am informing you the tentative expenses which you might incur during the process. If you can do it free of cost, then you are lucky.
Shanti Ranjan Behera, Advocate
Shri Thota Narasimham , Minister for Stamps and Registration, Government of Andhra Pradesh said in a Press Conference that the Government was thinking of reducing the Stamp Duty from 3 % to 1 % in 2013 and I am not sure if that been implemented .
Secondly,There is a Chart known as , A.P. STAMP DUTY DETAILS, which includes ,Sl. No., Nature of Document, Stamp Duty Rates for Andhra Pradesh, Transfer Duty, Registration Fee etc., You will get the Money Receipt for the amount you will be paying and the money goes to the State Exchequer directly. In addition, be prepared to spend at least 1 % of the total cost which is unofficial and you will not be given any receipt for this. This is TIPS/SPEED Money whatever terminology you use. If you do not pay your work may be delayed on some pretext or the other.
By saying this I am neither supporting nor encouraging corruption, but simply I am informing you the tentative expenses which you might incur during the process. If you can do it free of cost, then you are lucky.
Shanti Ranjan Behera, Advocate
Helpful
Helpful
Share
ROBERT D ROZARIO
Responded 5 years ago
A.registration charges of gift deed of property within the family is very nominal and differs from state to state. It might vary from 1%-2%. Contact a local lawyer from Vidhikarya.
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 5 years ago
A.By advocate Rameshwor dadhe dear sir you should approach to the any local lawyer who will made gift deed . Charge will be very few
Helpful
Helpful
Share
Vishwabandhu
Responded 5 years ago
A.Dear Client Tell me that How your sister got the Flat ? Was it purchased by her own income ? Or it was purchased by the income of her husband ? Why she want to gift this Flat to her father ?
Dear client any gift which is made only to debar legal hairs , is a fraudful gift which the legal hairs can get cancelled.
Dear client any gift which is made only to debar legal hairs , is a fraudful gift which the legal hairs can get cancelled.
Helpful
Helpful
Share
ARPIT BATRA
Responded 5 years ago
A.Depends on value of property and state taxes too
Helpful
Helpful
Share
Read Related Answers
Complaint on Apartment Maintenance issue
Dear Client,
Per sq, ft method is extensively used for the calculation of the maintenance charges for the societies/RWA across the country. This system of calculation is used when the sizes of apartm...
Question on Buying 10 years old flat with registration on hold
Dear Client ,
you can not rent / lease or sell your property until you have received complete possession of the property. you have to complete registration process for the same before getting into re...
REGISTRATION OF Apartment owners association under companies act
Dear sir,
It is ordinarily registered under specific act which might have been enacted by your state government otherwise consult the sub registrar office.
I am being asked to pay more than my neighbour for Open Car Parking
Dear Client,
Firstly, document all your interactions with the builder, including dates, times, and any communication (emails, letters, etc.). This documentation will be crucial if you need to escala...
Extra amount for completion of project
Dear Client,
Please consult an accountant for the how to include new additional income and if the can be given the rights of a builder.
additionally with the consent of the new person they can be a...
Read Blogs on Real Estate
Real Estate Lawyers
Find Lawyers by Location
