I jointly own a house with my father in Chandigarh in 50:50 ratio with jointly registered sale deed. After his demise,I inherited half of his share by virtue of a duly registered will executed by him. However,in the will,he had provided for the right to life-long stay for my mother on his portion and that after her death,I shall be full owner and occupier of the house including the portion occupied by my father. The will also restrains any other person to claim the said property. Am I required to complete any formalities with respect to this inheritance and can I get the property mutated in my name,which is already registered in my favour jointly with my father?
B Kumar,Chandigarh
My wife had two flats in Pune which are 15 years old. Both these flats and the housing society shares are are in her own single name. Unfortunately,my wife expired three years ago. I would like to know: 1 What are the procedures involved to change her name from the ownership of these flats to mine and my two children? 2 Are we required to pay the registration charges again to the corporation for the change of ownership?
Ajit Pillai,Pune
If your wife had made a nomination,the society will make the nominee the member after you comply with the formalities. If not,the legal heirs will have to approach the society and ask them to make one of you the member and a separate set of formalities are required to be completed for this. Please note that if your wife passed away without making a will,you and your two children have equal shares in the property regardless of who becomes the member and holds the shares.
I own a flat in a western suburb of Mumbai. Originally,I was the primary flat owner and my husband was the second flat owner. After the demise of my husband,I am now the single flat owner. Can you please advise on how I can plan to leave the flat to my two children in my will so that in case of any eventuality,the flat is transferred without any legal hassles or excessive taxation. I request you to guide me on the above stated issues.
Neela Khandwala,Mumbai
There is no estate duty and hence you can make a will leaving your house to your two children. Registration of the will is optional but highly recommended. Please also make a nomination for your flat which is in tune with your will. This will ensure transmission of the shares to the children smoothly. l
Queries answered by Vinay Singh
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