Property transfer by nomination
2 months ago
A grandmother passed away and the society transferred the flat's ownership to her nominated grandson. All legal heirs are aware and have no objections. Is this procedure correct? How can the grandson ensure that no legal challenges arise in the future regarding this transfer? There is no will created by her.
A.Dear Client,
If the legal heirs have no objections, the ownership of the flat can be transferred to the nominee as per the nomination. However, if the property is ancestral, obtaining a No Objection Certificate (NOC) and executing a Release Deed is essential. This ensures that in the future, legal heirs cannot claim a share in the property. It is advisable to follow the necessary legal procedures to prevent any complications in the transfer of ownership.
If the legal heirs have no objections, the ownership of the flat can be transferred to the nominee as per the nomination. However, if the property is ancestral, obtaining a No Objection Certificate (NOC) and executing a Release Deed is essential. This ensures that in the future, legal heirs cannot claim a share in the property. It is advisable to follow the necessary legal procedures to prevent any complications in the transfer of ownership.
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A.If the legal heirs has no objection then as per the nomination flats ownership can be transferred to the nomination but if this is the ancestorial property then NOC and Release deed is compulsory otherwise in future the legal heirs can claim their share.
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