Gift deed/registration/transfer
Reformist !!!
(Querist) 28 May 2016
This query is : Resolved
Dear Experts,
Can i gift deed my property to my mother?
What is the better option --> Gift Deed to mother, transfer the property to her name or registration on her name.
My another query is can my wife challenge this transfer/gift deed/registration in court and can court revoke any such transfer or gift deed or registration?
Dr J C Vashista
(Expert) 28 May 2016
@ Reformist!!!,
1. Despite the fact that you are anonymous author of this query, it is an academic and not reformist query.
2. No one can stop you from gifting a property owned by you (whether it is movable or immovable).
3. Gift deed for immovable property has to be "compulsorily" registered with local Sub-Registrar and not the Courts.
4. No one can stop to challenge any transaction, result of the case shall differ which cannot be predicted by experts at this stage.
3. Consult a local lawyer.
Rajendra K Goyal
(Expert) 28 May 2016
1. Yes you can.
2. depend on the stamp charges applicable in your state.
3. If property is in your name (self acquired), she can not challenge.
Reformist !!!
(Querist) 30 May 2016
Thanks Dear Experts.
The property is self acquired by my father who is no more, so part of it cud go to me. And as per his wish, i wanted to transfer my part to my mother.
T. Kalaiselvan, Advocate
(Expert) 31 May 2016
If you are a co-sharer in the property let behind by your father then you can execute a registered release relinquishing your rights n favor of your mother.
However be aware that your wife cannot object or claim any share in this property during your life time.
Reformist !!!
(Querist) 31 May 2016
Thanks for your valuable reply Experts.
