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Quote04.01.2012 18:390 people like thisLike
 

Hi ,

I have a few queries regarding the sale deed registration for my house.

 

I had registered the sale deed in my name and my mother's name. Now, I would like to add my wife's name to the document too.

 

a) What are the tax implications if any by registering the sale deed in the name of mother /spouse ?

b) Does registering the sale deed in the name of mother /spouse give her the rights to ownership ?

c) Is is required to register the house in the name of spouse to give her legal right to property ? Is there an easier way since my intention is to give my spouse some peace of mind so that she does'nt feel insecure about it .( sorry guys for being a bit emotional here on the forum )

 

Thank you in advance,

Pawan

Quote06.01.2012 01:340 people like thisLike
 

Mr. Pawanrao,

 

(1) "Had" registered "Sale Deed" indicates that the document is already "REGISTERED".

(2) Once the document is registered, there is no question of addition.

(3) The party to the document gets legal rights, depending upon the nature of the document.

(4) For taxation, you must see your Chartered Accountant.

(5) Registration of new document to be made in the name of wife/spouse is mandatory.

Quote06.01.2012 18:130 people like thisLike
 

Thank you so much Mr.Thakkar for the below.

Could you please elaborate on pt.no. 5 of yours.

 

warm regards,

Pawan

Delhi Lawyer

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