The transfer of property in case of death depends on whether the property is self-acquired or ancestral, and whether the deceased left a will or not. If the property is self-acquired and the deceased left a will, then the property will be transferred according to the will. If the property is self-acquired and the deceased did not leave a will, then the property will be transferred according to the Hindu Succession Act, 1956, which gives preference to the Class I heirs, such as the widow, children, and mother of the deceased. If the property is ancestral, then the property will be divided equally among all the legal heirs of the deceased, including the widow.
The applicable charges for the transfer of property in case of death vary depending on the type and value of the property, and the mode of transfer. Some of the common charges are stamp duty, registration fee, mutation fee, legal fee, etc. The stamp duty is a tax levied on the transfer of property, which is usually a percentage of the market value of the property. The registration fee is a charge for registering the transfer deed in the sub-registrar’s office, which is usually a fixed amount or a percentage of the stamp duty. The mutation fee is a charge for changing the name of the owner in the revenue records, which is usually a nominal amount. The legal fee is a charge for hiring a lawyer to draft and execute the transfer deed, which depends on the lawyer’s expertise and experience.
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How to do the transfer of the demised husband's house and what will be the applicable charges in Haryana?
Rajeshwar
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1 Year
2023-09-22T09:11:26+00:00 2023-09-22T09:11:27+00:00Comment
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