Results for #settlement
Legal
#settlement#applicable#stampduty
If there is a family settlement, is stamp duty applicable on the same? This is in Rajasthan. Also, of the stamp duty is applicable can it be minimized?
If there is a family settlement, is stamp duty applicable on the same? This is in Rajasthan. Also, of the stamp duty is applicable can it be minimized?
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Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
If the family settlement records transfer of property from name of one person to another then the same would attract stamp duty. If the properties had been acquired from joint family funds then the stamp duty can be minimized on that account.
Legal
#property#transferred#single#ownership#divided
I want to know if I can split a property that was split between four people then transferred to a single ownership. This is a property that was owned by my father and then divided between us four brothers as a settlement deed, we built one floor for each brother and then through a way of settlement between the brothers I got the property to myself, now I want to split it between my wife and two adult children. Is this partition deed possible?
I want to know if I can split a property that was split between four people then transferred to a single ownership. This is a property that was owned by my father and then divided between us four brothers as a settlement deed, we built one floor for each brother and then through a way of settlement between the brothers I got the property to myself, now I want to split it between my wife and two adult children. Is this partition deed possible?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Yes, you can partition the property as the same has already been transferred to your name fully.
