Real Estate India: Information On The Transfer Of Property
Question asked by Mr Amalraj from Bangalore:
Dear Madam,
This is Amalraj. I live in Bangalore and i need your advice on Transfer of property.
I do own a small piece of land measuring 29' x 18' with House constructed on the land. The Original owner of the land had made Irrevocable GPA on my Mother's name for the land and based on that construction was carried out and after death of my Father, my mother decided to register the House in my Name for which the Khata was as Holder (in my Mothers' name) and with consultation of an advocate GIFT Deed was done in My name at Domlur Registrar Office in Bangalore and after that property tax was paid every year as usual.
Since the Property Tax receipt was still in Holder's name, I requested the Corporation Office where i used to pay Property Tax to change the receipt to my name giving them a copy of the Gift Deed done. It is now after this I was told that the person Holding GPA and being a Holder in terms of Khata cannot make a GIFT deed and hence the Khata cannot be transferred in my Name and the process of registration to be carried out once again in terms of SALE Deed.
Please advice me if this true and what is to be done next. Awaiting your advice
Thanks,
Mr. Amalraj, Bangalore
Vatsala Answers:
Yes, the Gift deed should not have been executed by your mother to yourself when she had not become the absolute owner of the property. However if your mother had, using the GPA and in the original owner’s name (as his agent) transferred the property to any person, it will be a valid document. Vatsala
http://www.atoneplace.com
For more information, kindly visit at Real Estate India or Online Real Estate Video.
Dear Madam,
This is Amalraj. I live in Bangalore and i need your advice on Transfer of property.
I do own a small piece of land measuring 29' x 18' with House constructed on the land. The Original owner of the land had made Irrevocable GPA on my Mother's name for the land and based on that construction was carried out and after death of my Father, my mother decided to register the House in my Name for which the Khata was as Holder (in my Mothers' name) and with consultation of an advocate GIFT Deed was done in My name at Domlur Registrar Office in Bangalore and after that property tax was paid every year as usual.
Since the Property Tax receipt was still in Holder's name, I requested the Corporation Office where i used to pay Property Tax to change the receipt to my name giving them a copy of the Gift Deed done. It is now after this I was told that the person Holding GPA and being a Holder in terms of Khata cannot make a GIFT deed and hence the Khata cannot be transferred in my Name and the process of registration to be carried out once again in terms of SALE Deed.
Please advice me if this true and what is to be done next. Awaiting your advice
Thanks,
Mr. Amalraj, Bangalore
Vatsala Answers:
Yes, the Gift deed should not have been executed by your mother to yourself when she had not become the absolute owner of the property. However if your mother had, using the GPA and in the original owner’s name (as his agent) transferred the property to any person, it will be a valid document. Vatsala
http://www.atoneplace.com
For more information, kindly visit at Real Estate India or Online Real Estate Video.