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Author Topic: Procedure of Making Children Co-Owner in Flat  (Read 174 times)

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Offline coolvarsha

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Procedure of Making Children Co-Owner in Flat
« on: February 26, 2017, 02:29:30 AM »
Respected Sir,
Kindly let me know the procedure of adding my children's (2 nos.) in my flat's share certificate. Both are in 30s.  I want to make them as Co-Member of the Society. After my death automatically, my children will be the co-member and co-owner of the flat.

Please don't advice me prepare gift deed. I don't want to gift this flat to them.
I just want to make them co-owner of the flat and add their names in the Share Certificate.

Awaiting your reply on the same.

Regards

Offline adv.amarnath

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Re: Procedure of Making Children Co-Owner in Flat
« Reply #1 on: February 27, 2017, 05:10:13 AM »
On one hand you are asking for co-owner and on the other hand you are asking they will be owners after your death with a tagline that you dont want to execute gift deed. First you decide what you want to do....

1) In future they will be owner, or
2) they will be co-owner right now.

For future you can execute will and for immediate effect you have to execute gift deed. If your flat is co=operative society then you can make them nominee.
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Amarnath Sanyal
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