No stamp duty on transfer of properties to spouse, kids

In a welcome move by the Maharashtra State Government on the Maharashtra Stamp Duty Act, the state on Wednesday introduced a Bill amending the┬ásaid act to scrap the stamp duty on transfer of residential or agricultural property to wife, husband, son, daughter, grandson, and grand-daughter. At present, the stamp duty is 5% of the market Read more about No stamp duty on transfer of properties to spouse, kids[…]

Why is Nomination Necessary in Housing Society?

If a member of Co-operative housing society dies, what happens to his or her membership in the society? In case there is no proper nomination made by the deceased member, what is the position of his or her heirs as to the property rights? What should be done by a member to avoid any confusion Read more about Why is Nomination Necessary in Housing Society?[…]