Clarification

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2012 DEAR MEMBERS I HAVE A DOUBT REGARDING THE SUCCESSION OF PROPERTY BY WAY OF INHERITANCE.
FOR EXAMPLE MR.A DIED AND THE PROPERTY WAS IN THE NAME OF MR.A ONLY. NOW HIS SON MR.B ACQUIRED THE HOUSE. DOES HE NEED TO PAY ANY STAMP DUTY FOR REGISTERING THE SAME ON HIS NAME. CAN U EXPLAIN THE PROCEDURE TO BE DONE BY MR.B TO GET REGISTER FOR THE HOUSE IN NAME OF HIM.(I.E LEGAL FORMALITIES AND % OF STAMP DUTY TO BE PAID BY HIM)

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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04 December 2012 If he wishes to register the property in his name, he will have to pay stamp duty.

He will have to attach a copy of the death certificate, a copy of the will.

If there is no will, he will have to get a NOC from other legal heirs.

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