Question from Rajasekharana Nambiar

Will you please give your  valuable opinion  on the below detailed case under Gujarat Co-op.Housing Society Act.

The Joint property of Brother and Mother  gifted Flat to Sister  by Registered Gift Deed and asking the society to transfer the share certificate in  favour of his Sister. The Society demand Transfer fee premium as per the usual practice. The Sister occupying the Flat from the beginning.  Brother and Mother residing other premises.

Please advise  your valuable opinion at the earliest.

I C Naik

Provision for Transfer Premium are as per Bye Laws of Your Society. So ask for copy of relevant bye law under which they are asking premium.

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