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gift deed

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(Querist)
22 August 2017 I want to transfer 50% interest in my flat in the CHS to my son. what is the procedure for gift deed
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Anand

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Anand (Expert)
22 August 2017 1. Execute a document transferring share in the property.
2. It will have to be registered with the Registrar like any other deed of purchase or sale of immovable property. I believe the stamp duty is very nominal since it is a transaction between blood relatives.
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
22 August 2017 Agree with Anand ji. States don't charge high stamp duty for the transfer of immovable property by way of settlement deed / gift deed
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
22 August 2017 CHS means you're in which state?
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Advocate Balachander Reddy

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Advocate Balachander Reddy (Expert)
22 August 2017 Hello sir, This is Adv. Balachander Reddy, If you intend to avail my service to draft a perfect Gift deed, inbox me.
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Anand

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Anand (Expert)
24 August 2017 Srinivasji, i think he means Co-Operative Housing Society by CHS.
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