Community › Forums › Legal Advice India › Lawyer is saying no need of Sale deed
- This topic has 19 replies, 20 voices, and was last updated 1 year, 2 months ago by
Supersajal3006.
-
AuthorPosts
-
-
RRapidrider4470
PARTICIPANT
March 27, 2025 at 3:43 pmHi my dad has a flat and want to make a sale deed so that I can get after him. I am his only child. But lawyers are saying that there is no need for sale deed since my dad has one child only and there wonβt be any legal complications. Is it ok? Id sale deed is not required should I ask my dad to make a will? -
SSupersajal3006
PARTICIPANT
March 27, 2025 at 3:51 pmNALIf he is willing to give you the property then it’s not a sale. It’s a gift deed. Sale means there are taxes to be paid.
After his life, what happens to his property is defined by his will. Your mother also has rights on the property remember. He can decide to give it to anyone else too.
-
LLavanyabro181
PARTICIPANT
March 27, 2025 at 3:52 pmHow did your father buy without sale deed? -
AAmayaknight117
PARTICIPANT
March 27, 2025 at 3:55 pmMake a gift deed -
BBraveninja1446
PARTICIPANT
March 27, 2025 at 4:10 pmIn between father son only gift deed or legal heir work -
EExpertumang5984
PARTICIPANT
March 27, 2025 at 4:13 pmGift Deed has charges. Since he is the only child a registered will is sufficient. -
AAbhijeetrider890
PARTICIPANT
March 27, 2025 at 4:16 pmBro you will inherit everything after your Father’s death so no need of anything. -
PPurvastar696
PARTICIPANT
March 27, 2025 at 4:18 pm1. If itβs about you inheriting it – a will has to be drafted, registered and later has to be probated for you to inherit all mentioned in it.
2. In other event if he wants title and ownership to move to you in his lifetime then it has to be via gift deed.
3. Also, if there is no will, a lot of considerations have to be made with respect to surviving heirs. This will also be governed by the personal laws which will apply to you. Especially for determination of heirs. -
SShirleythinker961
PARTICIPANT
March 27, 2025 at 4:29 pmHe’s right. There’s no need for it -
BBraveseeker242
PARTICIPANT
March 27, 2025 at 4:30 pmYou need will and not sale deed -
HHappyguru6095
PARTICIPANT
March 27, 2025 at 5:46 pmif you need your name in document then I would suggest to get a settlement deed from your father to your name.Registration charges of settlement deed is 1% or max 25k only.
-
MMegastar1507
PARTICIPANT
March 27, 2025 at 5:56 pmi guess you are talking about gift deed. You can do that or make sure your father has a registered will so that there will be no issues after him and you can easily inherit the same. But going through gift deed route is easier -
CCleversajal8453
PARTICIPANT
March 27, 2025 at 6:04 pmA sale deed will mean paying of almost 6% of property value as taxes/charges/duty and showing an entry equal to the value of the sale.
In case of Hindu Succession, the widow and the children naturally inherit the property without paying any duty. -
MMegaprashant4593
PARTICIPANT
March 27, 2025 at 6:23 pmClarify the situation.1. Your father wants to transfer the property to you – then he shoud execute a gift deed in your name and you register the property in your name.
2. You want to inherit the property after your father’s death. In this case your father should make a will naming you as the beneficiary for the property (include the property details in the will), Having a will will make it easier to complete the paperwork to transfer the property. In the absence of the will – resolving the paperwork will require more time and money.
-
SShashankbear227
PARTICIPANT
March 27, 2025 at 7:26 pmSale Deed between father and son is unnecessary and would incur excess stamp and registration fee. You can do it through a Gift Deed or Settlement Deed which would cost lesser stamp duty and registration fee. -
PPropanda7415
PARTICIPANT
March 27, 2025 at 7:34 pmYou need gift deed not sale deed -
SSalonipanther485
PARTICIPANT
March 28, 2025 at 2:45 amYou wouldnβt require a sale deed. Get a registered will. Once he passes get it probated. -
AAravhero991
PARTICIPANT
March 28, 2025 at 2:57 amAT LEAST have a will made and have it registered in sub registrar office. -
IIndianshark1654
PARTICIPANT
March 28, 2025 at 3:30 amif you’re in UP get ownership transfer via Gift Deed. (Cheaper, 10k-20k)You can get just will done, but then later you’ll need to register it under your name before selling it to someone else) (same cost as sale deed ~3-5% of property cost)
-
VVandanashark196
PARTICIPANT
March 28, 2025 at 6:42 amLearn to trust the professional whose experience and expertise made you go to him.It’s a gift/inheritance so sale deed is rightly not required.
-
-
AuthorPosts