Q:
hi Team,
May I know how many flat owners can added to an existing Flat owner.
Right now me and my wife are registered owners of our flat , may I know
can I add my Father also as owner of this flat?
if yes whats the process of doing it.
Regards
Rahul
Hi Gaurav!!!
You believed that it would only take a letter to the housing society to add your father as co-owner in the share certificate. Do you know that the large amount of paperwork, in addition to the substantial cost that it would entail, will made you change your mind. You will have to take permission from various authorities and would have to pay transfer charges to complete the process which will come around Rs. 80000-1 lakh.
thanks Mukesh!!
15th July 2016
Hi Gaurav!!!
Existing flat owners may transfer their flat ownership to immediate family members if the proposed owners meet all eligibility conditions. If there is more than 1 proposed owner (maximum 4 owners can be allowed for each flat), they would need to decide on the manner of holding the flat upon the transfer of ownership, whether by joint-tenancy, or tenancy-in-common.
Thanks Hemant!!
15th July 2016
Thanks Anup!!
15th July 2016
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