Deed of exchange can be prepared . it should be duly stamped and registered . we wont advise you to file any collusive suit .
Suppose i own a property say " A " which i got it from my father. There is another property " B " which is adjacent to A which is owned by my uncle (my father's elder brother). We both want to swipe the properties from A to B and vice verse from B to A for our mutual convenience. We want to save the stamp duty. a) What are are ways by which we could transfer the properties? b) Say if file a suit on my uncle we make a compromise decree in court will that compromise decree be treated as a Title for any further transactions? c) Should we pay any stamp duty for registering the court decree in sub registrar's office?
Ask a question and receive multiple answers in one hour.
Lawyers are available now to answer your questions.
Deed of exchange can be prepared . it should be duly stamped and registered . we wont advise you to file any collusive suit .
For easy and trouble free solution you have to pay stamp duty but persons also go for solution( b) given by you and feel comfortable.
Anil Gupta
Delhi