Скачать или смотреть How To Exempt Stamp Duty 😱🔥| Now No Stamp Duty on Property Registry | Best Ways To Transfer Property

How To Exempt Stamp Duty 😱🔥| Now No Stamp Duty on Property Registry | Best Ways To Transfer Property

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In India, there are several legal ways to transfer property to another person. Here are the most common methods:

Sale Deed: The most common way to transfer property is by selling it. A sale deed is executed, transferring ownership from the seller to the buyer. This requires payment of stamp duty and registration fees.

Gift Deed: Property can be transferred as a gift. A gift deed must be drafted, and it should be signed by both the donor and the donee and attested by two witnesses. Stamp duty and registration fees apply, though the rates may be lower than for a sale deed.

Relinquishment Deed: This is used when co-owners of a property wish to relinquish their share in favor of another co-owner. It must be registered and stamp duty paid, although it is typically lower than for a sale deed.

Will: Property can be transferred through a will. The property is transferred to the beneficiaries named in the will upon the testator's death. A will must be probated in court to be effective, especially if its validity is contested.

Trust: Property can be transferred into a trust, where a trustee manages it for the benefit of beneficiaries. This can provide various benefits, including avoiding probate and potential tax advantages.

Partition Deed: In the case of joint property, co-owners can execute a partition deed to divide the property among themselves. This deed must be registered and stamp duty paid.

Each of these methods has specific legal requirements and implications, so it is advisable to consult with a legal professional to ensure compliance with all relevant laws and regulations.

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