Imp & urgent (pls solve)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 March 2012 Dear Professional/Experts

Please guide me regarding a matter as under:

We are living in a Residential house which is registered in the name of My Grand Mother (Both Grand Mother & Grand Father passed about 7 years back).

Now wish that said property to be transferred in my father name (who is the elder son). All the family members including female agreed for the same & there is no dispute regarding the same.

Please guide the best option to transfer the said property in my fathers name without involvement of registration/paying stamp duty.

NOTE PLEASE:
We don't want to make partition of HUF. So please suggest option without HUF partition.

earliest reply will be very helpful & thankful.

Regards

CA PARTH SHAH

CA PARTH SHAH (Expert)
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05 March 2012 Try transfer through Family Arrangment scheme . It will save you from stamp duty on transfer of property.

Querist : Anonymous

Querist : Anonymous (Querist)

06 March 2012 What is family arrangement ? how it can be done? Please provide detailed information.

Thank You

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CA PARTH SHAH

CA PARTH SHAH (Expert)
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08 March 2012 hi,

please check the link below which may give you some idea of Family settlement
http://www.indialawjournal.com/volume3/issue_1/article_by_mohit.html