Property transfer - Release/Relinquish Deed

Discussion in 'Housing in Hyderabad' started by Bindu09, Oct 12, 2012.

  1. Bindu09

    Bindu09 New IL'ite

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    Any idea how to do Release deed to transfer property from my Mom to myself, property is bought by me but was registered in mom's name. No sibling objection issues.

    I spoke to one of the lawyers, he said his charges are 25000 Rs and 3% property market value, does it look right? Any ideas.

    any recommendations, property is flat and located in Hyderabad.:spin
     
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  2. helpmeangel

    helpmeangel Platinum IL'ite

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    I believe you can get it registered under your name as a "gift" from your mom to you. That is what happened with a land which we had purchased a while ago. I think we paid around 15 or 20k for the registration itself.
     

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