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Author Topic: how to transfer my grand dad's property  (Read 625 times)

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Offline raghu

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how to transfer my grand dad's property
« on: December 01, 2015, 08:00:16 AM »
My grand dad had executed a will in my dadís name to transfer a piece of land. My dad never applied for probate. he passed away in March 2015. I have one
younger sister. How can I get the property registered in my name? What are the costs involved? My sister are ready to give me a no objection certificate (NOC) for this.

Offline advJitu

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Re: how to transfer my grand dad's property
« Reply #1 on: December 02, 2015, 06:59:21 AM »
You and your sister have to apply for letters of administration, since no probate was obtained.
Once you get that, you will all be entitled to inherit your dadís absolute share in the property.

An NOC will not be enough. Your sisters will have to execute a gift deed in your favour, transferring their undivided shares to you.

Registration of a deed of gift will attract expenses such as 0.5 per cent stamp duty and 1.1 per cent registration fees charged on the valuation of property. There would be miscellaneous expenses also, which may be included in your advocateís fees.
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Company law expert from Mumbai City

Offline adv.amarnath

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Re: how to transfer my grand dad's property
« Reply #2 on: December 02, 2015, 11:27:37 AM »
There is nothing to add.... Advocate Jitu has placed correct advice. I would have gave the same if he not....
« Last Edit: December 02, 2015, 11:31:34 AM by adv.amarnath »

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