Poonawalla fincorp
Poonawalla fincorp

Buying a property

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 September 2018 Can I buy a property (residential, commercial, farm house/agricultural) in the name of one of the parents but with my (earned) money?

And later have that property transferred/inherited from the parents to me?
By way of Will?
Relinquished by other legal heir after demise of the parent?
Any other option?

Thanks you.

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Expert : Anonymous

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Expert : Anonymous (Expert)
25 September 2018 You can gift the property to your parent by registering gift deed

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 September 2018 Can I do this?

Can I buy a property (residential, commercial, farm house/agricultural) in the name of one of the parents but with my (earned) money?
And later have that property transferred/inherited from the parents to me............
By way of Will from parents in my favour?
Or
Relinquishment by other legal heir after demise of the parent?


06 October 2018 Yes you can do so..............

But dont forget to go through all legal compliances.



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