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Author Topic: Is a registration required to register a gift deed  (Read 531 times)

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Offline veerendra

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Is a registration required to register a gift deed
« on: September 27, 2015, 07:04:02 AM »
Dear all,
I want to register a gift deed.

My father wants to gift me a One Room Kitchen apartment in the Andheri East suburb of Mumbai.

My lawyer will prepare the gift deed. However for registration of the gift deed he has asks me to meet registration agents.

The agent says is that he will make the registration process smooth and quick.

He says that if I do not engage a registration agent the process will take a lot of time, more visits and will involve more under hand payments.

I want to know whether it is norm that under hand payments are a must for registration of a gift deed.

In my case every thing is every clear.

My father has an AADHAR card and a PAN card and is willingly ready to gift me a One Room Kitchen apartment.

My mother and my wife will be witnesses. Both of them have AADHAR cards.

So please let me know whether a registration agent are require to register the gift deed.

Hope to a lot of responses and many thanks in advance for the same.

Thanks and best regards
 
Yours Sincerely,
 
Dr. Veerendra Darakh.

Offline adv.amarnath

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Re: Is a registration required to register a gift deed
« Reply #1 on: September 27, 2015, 09:50:04 AM »
Let me know the name of the agent who is asking or claiming that he will make a smooth process of Registration of WILL. Just threat him for lodging a complaint against him before local police station.

I advice you to make an appointment with a lawyer for drafting of Deed of Gift and register it before sub registrar office or you can contact me for drafting of Deed of Gift and I can help you to know the procedure if you are still in dark.

Total Expense
Registration charges will be 1.1% of total valuation of gifted property
Stamp Duty will be 0.5% of total valuation of gifted property.
In addition to above you have to pay Advocate fees and clerkage.
Regards,

Amarnath Sanyal
Advocate
Email - adv.amarnath.sanyal@gmail.com
Mob - 09830303322

 

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