Generally, 3% of the total value of the property is charged for the succession certificate. So, as per the calculation if the value sums Rs 25000, it is correct.
To add your mother’s name as a nominee, while the transfer of complete ownership in your name, you can nominate her during the procedure.
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The flat is owned by me and my father. It was bought by taking loan in my name. The document is registered in my name as first owner and father's name is second. Due to long illness and old age my father has passed away. I gave application to the secretary of society along with death certificate to transfer all shares in my name. Secretary has directed me to one advocate of society who has asked me to apply for succession certificate and told me to pay Rs. 25000.Is this correct? If not what is the process to be followed to add my mother's name as nominee ? Your guidance will be highly appreciated. I leave in USA and my mother and elder brothers live in Pune. Both of them have given me NOC for my ownership of flat 100% . Please advise.
Vijay Kanetkar
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2 Year
2022-07-10T21:25:34+00:00 2022-07-11T12:34:55+00:00Comment
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