My mom and I bought an apartment together in 2013, but all the receipts are in her name. The property will be registered in January 2016. Unfortunately, my mom is not well, and I’m worried about what happens if something unforeseen happens. What legal document do I need from her to ensure the property is registered in my name, considering I funded 80% of the purchase? The developer might raise objections, but my family is supportive.

Apni Law
Apni Law
Law Forum › Category: Documentation › My mom and I bought an apartment together in 2013, but all the receipts are in her name. The property will be registered in January 2016. Unfortunately, my mom is not well, and I’m worried about what happens if something unforeseen happens. What legal document do I need from her to ensure the property is registered in my name, considering I funded 80% of the purchase? The developer might raise objections, but my family is supportive.
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Apni Law Staff asked 2 years ago

My mom and I bought an apartment together in 2013, but all the receipts are in her name. The property will be registered in January 2016. Unfortunately, my mom is not well, and I’m worried about what happens if something unforeseen happens. What legal document do I need from her to ensure the property is registered in my name, considering I funded 80% of the purchase? The developer might raise objections, but my family is supportive.

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Best Answer

Apni Law Staff answered 2 years ago

You need a registered “Gift Deed” from your mother, transferring her share of the property to you. This deed, along with proof of your financial contribution, will help ensure the property is registered in your name. It is advisable to consult a lawyer to ensure the legal process is followed correctly.

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