Tfr of share in under const. shop to close relative without consideration, what documentation requir
This query is : Resolved
15 June 2025
Dear Sir
Builder has provisionally allotted an under construction shop to me and I have paid less than 10% amount of total consideration money.
As per builder's terms and Conditions allotte can transfer in full or in part, the provisionally allotted shop to his close relative without any charges.
Accordingly, I have applied to transfer 50% of share of this allotted shop in favour of my son and builder has transferred the same in favour of my son. And now we are joint allottes of this shop
Sir pls guide, if any further documentation required or not between me and my son under any law? If required, which one.
Sir further after that some payment made to builder by me (i.e. my share and my son share) and builder given joint receipt of the same.
Pls guide, if any further documentation required or not between me and my son under any law? If required, which one.
Regards
K M Goyal.
Builder has provisionally allotted an under construction shop to me and I have paid less than 10% amount of total consideration money.
As per builder's terms and Conditions allotte can transfer in full or in part, the provisionally allotted shop to his close relative without any charges.
Accordingly, I have applied to transfer 50% of share of this allotted shop in favour of my son and builder has transferred the same in favour of my son. And now we are joint allottes of this shop
Sir pls guide, if any further documentation required or not between me and my son under any law? If required, which one.
Sir further after that some payment made to builder by me (i.e. my share and my son share) and builder given joint receipt of the same.
Pls guide, if any further documentation required or not between me and my son under any law? If required, which one.
Regards
K M Goyal.
15 June 2025
Sale deed from builder in joint name. Share certificate by society in joint name would be sufficient.
15 June 2025
Sir whether Gift Deed in favour my son is required on payments made to builder by me
Regards
K M Goyal
Regards
K M Goyal
15 June 2025
Not needed as the sale deed by builder in both names will be sufficient for his coownership..
27 September 2025
Good luck..
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