My grandfather passed away and our family home, registered in my grandmother’s name, was transferred to my father’s name with the municipality. However, the official property documents still reflect my grandmother’s name. I’m facing difficulties getting a mortgage or loan because the property isn’t officially in my father’s name. What are the rules for transferring property ownership in such cases, and what costs are involved?
Best Answer
To officially transfer ownership from your grandmother to your father, you need to register the property in your father’s name with the relevant authorities. This involves a legal process including property tax payment, legal fees, and stamp duty, which vary based on the property’s value. Consult with a lawyer to understand the specific requirements and costs for your situation.
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