How a Husband Can Transfer His Property To His Wife After Marriage
Immovable property can be transferred using a gift deed in accordance with section 122 of the Transfer of Property Act, 1882. Both your information and the recipient's information should be included in the deed. Gifting a property, however, is only legal under Section 123 of the Act if the transfer documentation is filed with the registrar or the local magistrate. In the presence of two witnesses, the registration is completed. You must pay stamp duty to the registrar, just as when purchasing real estate property, but the whole process can only be conducted with the guidance of property lawyers In Jaipur . If the property is given to blood relations, state governments may reduce the stamp duty rates, albeit this varies from state to state. The stamp duty is higher and is applied in accordance with the guidelines of a typical transfer of property when the property is gifted to someone outside the family. Transferring property to your wife can be done through 1. Deed of Sale: You