🔁 Transferring Title to a Business or Partnership

In commercial real estate, properties are often held under business entities. Here’s how to handle the transfer process:

1. If Property is in Individual Name:
Transfer proceeds through a standard sale deed and mutation process.

2. If Property is Owned by a Company:

• Board resolution authorizing sale is required
• Company’s incorporation certificate and NTN must be submitted
• Director/authorized person signs documents

3. If Transferring Within a Partnership:

• Update the partnership deed and Form-C from the registrar
• Clearly state asset re-allocation or buy-out terms
• Pay applicable stamp duty for internal title transfers

Important: Make sure the transferee is properly documented in land and taxation records to avoid future ownership challenges.