Registration of a property on Minor's name

Sneha (Querist) 01 March 2011 This query is : Resolved
I am purchasing a property worth of Rs Five Lakhs, Can I purchase/register that property on my daughter's name and add my name as a guardian. My daughter's age is 15 now. Due to some personal problems with my husband, I don't want to register with my name. Can I have a legal opinion on this matter.

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Parveen Kr. Aggarwal (Expert) 01 March 2011
Yes. You can purchase the property in the name of your daughter even if she is a minor. A property can be acquired in the name of minor but property of a minor cannot be sold without the permission of the Court.

Raj Kumar Makkad (Expert) 01 March 2011
The opinion of Parveen is absolutely correct.

Sneha (Querist) 01 March 2011
Thanks alot for the help and I have two more question.
1)Shall my daughter can able to sell in future with out getting the approval of the court, once she attains the age of 18(i.e: after 3 years from now)?

2)The other alternative to me is, get the registration with my name and execute a Gift deed in future, once my daughter attains the age of 18?

Please suggest the best solution to me and Thanks in advance.