Friday, March 17, 2023

How Transfer Property in India

 There are different ways to transfer property in India, including:

  1. Sale Deed: A Sale Deed is a legal document that transfers the ownership of a property from the seller to the buyer. This document needs to be drafted on a non-judicial stamp paper and registered at the Sub-Registrar's office.

  2. Gift Deed: A Gift Deed is a legal document that is used to transfer property from one person to another without any payment. This document also needs to be drafted on a non-judicial stamp paper and registered at the Sub-Registrar's office.

  3. Will: A will can be used to transfer property after the owner's death. The owner can name a beneficiary who will inherit the property. The will needs to be registered with the Sub-Registrar's office.

  4. Relinquishment Deed: A Relinquishment Deed is used when a person wants to transfer their share of the property to another co-owner or family member. This document needs to be registered with the Sub-Registrar's office.

It is important to consult a lawyer to understand the legal requirements and implications of each method of property transfer.


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