Converting a joint owner property into a single owner property

Tilak Marg Forum for Legal Questions › Forums › Property Law › Converting a joint owner property into a single owner property

Tagged: 

Viewing 0 reply threads
  • Author
    Posts
    • July 7, 2017 at 1:04 pm #2169
      Dr. Ashok Dhamija
      Advocate

      Since it is your self acquired property, during your lifetime you have full rights over it and your sons cannot object to the disposal of property by you.

      In order to transfer your share in the property to your wife, and to convert the joint ownership of the property into the full ownership of your wife in the said property, you can gift your 50% share in the property to your wife. Accordingly, prepare a gift deed and get it registered in the office of the sub registrar.

           

      Dr. Ashok Dhamija is a New Delhi based Supreme Court Advocate and author of law books. Read more about him by clicking here. List of his Forum Replies. List of his other articles. List of his Quora Answers. List of his YouTube Videos.

  • Author
    Posts
Viewing 0 reply threads
  • The forum ‘Property Law’ is closed to new Questions and replies.

You may also like to read these topics:

Property issues - Signature taken on gift deed by fraud
Revocation of gift if mutation not done
Can my father transfer his property to me only and not to other family members
Can my mother cancel a registered gift deed of property?