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Joint registration without being co-applicant in BBA

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Joint registration without being co-applicant in BBA

Last updated: January 20 2019
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  • Joint registration without being co-applicant in BBA

    I am single applicant in the Builder Buyer Agreement and on possession now want to do joint registration of the flat to inclde my wife. However official at Indiabulls said no to this. Please clarify if it's possible.
  • #2

    #2

    Re : Joint registration without being co-applicant in BBA

    Above is somewhat a complex issue with no clear answer yet in the forum. It would be best to approach an Lawyer for this .


    As per what i know ( this is if the Property stands registered in a single name & if one wants to legally add a co-owner ), options r -


    a ) Gift deed

    b ) Settlement Deed - If the property is the self-acquired one, one can very well settle the property among the family members as per the wish of the person gifting the property . Instead of gift, settlement is supposedly a better option. As an abundant caution, the settlement deed can be signed by all the family members ( though, not necessarily needed ) .




    As i said earlier, approach a Lawyer to find out the best and the safest Legal option for u .
    Please read IREF rules | FAQ's

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