NRI daughter wants to transfer Dubai apartment to me in Gurgaon: What are my options?

Ans: Sir, you may be required to comply with applicable RBI regulations, prepare gift - deed in favour of your daughter, need to check , of which country your daughter is the citizen basis legal provisions of that country.

Ans: I can certainly assist in drafting a will.

You also need to understand implications where you are currently residing. I can certainly assist.

Ans: In this situation, while the nomination paper registered in your favor with the housing society indicates your mother's intent for her share of the flat to be transferred to you in the event of her demise, it may not be sufficient to legally transfer her ownership rights to you while she is alive.

To transfer her 50% share of the flat to you during her lifetime, it's advisable to execute a gift deed. A gift deed is a legal document that formally transfers ownership of property from one person to another without the exchange of money. By executing a gift deed, your mother can legally transfer her share of the flat to you, and the deed will serve as evidence of the transfer.

Consulting with a legal expert or a property lawyer experienced in real estate matters would be prudent to ensure that all legal requirements are met and to facilitate the smooth transfer of ownership rights. They can guide you through the process and help draft and register the gift deed according to the applicable laws and regulations in Navi Mumbai.