8 ways of transferring property: Find out which suits you most
Synopsis
The modes of transfer can be divided into two types: (A) Those where the instrument of transfer needs to be stamped ad valorem and is mandatory to be registered and (B) Those where registration is optional and shall happen only on occurrence of an event.
As a person's immovable property is normally of high value, transfer of the asset should be chosen carefully because the method of transfer can have significant legal and tax implications. Following are various ways of transferring immovable property and the respective pros and cons of each method. The modes of transfer can be divided into two types: (A) Those where the instrument of transfer needs to be stamped ad valorem and is mandatory to
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Get Unlimited Access to The Economic Times
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-