Hi there,
I recently was the donee of a gift deed from my grandfather who transferred an immovable property in my name. So, I would love to explain to you what charges were incurred by him for registering the gift deed for me.
Firstly, you must know that after drafting a gift deed, you need to get it printed on a stamp paper. It is the cost of the stamp paper which is incurred by the donor as the registration charge. The price of the stamp duty varies from state to state.
For the state of Karnataka, the registration charges for gift deed for family members with relevant GO No. ranges between Rs. 1000 to Rs. 5000 on the basis of the location of the property. As for non-family members, the answer to what is latest charges for registration gift deed is 5.6% of the value of the land of the property.
I hope you found what you were looking for.
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What are the charges for gift deed registration for family members with relevant GO No?
E. Sivaji
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3 Year
2022-04-20T10:50:24+00:00 2022-04-20T10:50:26+00:00Comment
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