Transfer of joint ownership in the flat to the brother who is another joint owner- Maharashtra
This query is : Resolved
Quick Summary
12 February 2025
My brother and me own a residential flat in Maharashtra in our joint name. I want to withdraw my name from the flat so that my brother can sell the flat on his own and can take the entire consideration.
How can I remove my name with the minimal cost
How can I remove my name with the minimal cost
Dhirajlal Rambhia
(Expert)
12 February 2025
Gift your share in the property to your brother.
12 February 2025
Thank you, sir, for the prompt reply. Will it attract the stamp duty, if yes, what could be the % in Maharashtra
Dhirajlal Rambhia
(Expert)
12 February 2025
The stamp duty for Gift to relative is minimum in Maharashtra; mostly 3%.
Dhirajlal Rambhia
(Expert)
12 February 2025
You are welcome.
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