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Q. > Please Help: HUF
Whether Father of karta (huf) Transfer his immovable property to huf without Registry charges (stamp duty)
answered Jun 26, 2012 by Rishabh Upadhyay , Chandigarh
Hi, In my OPINION, property can be transferred in between the blood relation, without the requirement of transfer on registry. HUF is also a family arrangement, hence registration might not be required. However i request considering other opinions and legal supportings
answered Jun 26, 2012 by Vikash Kumar Jha , Cuttack
If question of ownership arise then whiout registration it should not be possible otherwise there should not be any restriction for transfer of property to the extent of my knowledge.
answered Jun 26, 2012 by Vikash Kumar Jha , Cuttack
If question of ownership arise then whiout registration it should not be possible otherwise there should not be any restriction for transfer of property to the extent of my knowledge.
answered Jun 28, 2012 by Rishabh Upadhyay , Chandigarh
but there exists a lot of cases where the hereditary property is never registered in the name of sons or grand sons..the only proof of movement is the shifting of property in the records of village numberdaar.. in those cases the successor is very well referefd as the owner without the requirement of a registery
Experts Panelist
Comments
AMITABH AGARWAAL, ADV.
28-Jun-2012 , 08:32:52 amFor Ownership rights & for any purpose of mortgage, the registry in name of owner is a neccessity. However, the registration charges can be minimum in gift cases as there is no money payment between the parties. Registration in name of transferee is necessary.