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Relinquishment of Property Rights

Mumtaz & Associate’s transfer of property department is renowned for finding the most efficient and effect methods of transferring property and Gift of property is one of them.  Our Client’s immovable properties can be transferred to their loved ones by way of an oral gift under Muslim Personal Law and the Oral Gift can be confirmed by way of a Declaration of Oral Gift which would not require stamp duty. However as a precautionary measure we recommend our clients to register their Gift Deeds before the concerned registrar, but the same is not necessary and hence we seek to ensure that our clients are not forced to pay unnecessary cost and charges.
 
What we can do online for you?

  1. Guide our Client the method and ways of transferring property by way of Gift, under Muslim Personal Law.
  2. Draft Gift Deed under the Transfer of Property Act
  3. Draft Oral Declaration of Gift as Muslim Personal Law
  4. Draft Acceptance of Gift by the Done as per Muslim Personal Law only.
  5. Registration of Gift Deed or Declaration of Gift with the concerned Registrar.

How to Engage us?
This document can be drafted and be made available for Rs. 25000 (Pak Rupees). including all delivery charges, as well as cost of judicial Stamp Paper.
You can choose to have your documents emailed to you, or sent by first class post. We aim to prepare your documents by the end of the three working days, although in practice we normally start preparing your document within hours of receiving payment.
Cost of Registration?
Our Professional Fees for registration of a Gift is Rs. 10,000 (Pak Rupees), excluding official charges for registration. The Registration Fees is calculated at 1% of the Property Value and Challans for delivery of Registered document are valued in three parts. Ordinary Fees is Rs. 500/- Urgent Fees is Rs. 3000/- and Most Urgent is Rs. 10,000/-


If you have any quires, or wish to place any order by post please feel free to contact us.

 
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