Exemption for transfers to relatives for natural love and affection below fair market value where instrument contains a recital. The Chapter shall not apply to transfers of immovable property made by a person to his relative on account of natural love and affection for a ... Summary
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Exemption for transfers to relatives for natural love and affection below fair market value where instrument contains a recital.
The Chapter shall not apply to transfers of immovable property made by a person to his relative on account of natural love and affection for a consideration which is less than its fair market value if a recital to that effect is made in the instrument of transfer.
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