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VIJAY NAIDU (Student)     18 June 2016

Gift settlement deed

Respected Advocates,

 

Please clarify my doubt with regard to Gift Settlement Deed, that my mother having self acquired agriculture land Ac.1-00 Gts., and my father having partitioned ancestral property agriculture land Ac.2-00 Gts., at Ranga Reddy District, Telangana State. Now, my parents want to gift their respective shares in my brother and in my favour.

Now, my mother wants to gift her property in my name and my father’s property in my brother’s name.

My doubt is that in mother’s Gift deed can I mention about the father’s property details which are mentioned as below;

“I am gifting my agriculture land Ac.1-00 in my daughter’s name and my husband wants to gift his agriculture land Ac.2-00 to be transferred in his son’s name”.

The above clause can be mentioned in Mother’s Gift Settlement Deed to avoid legal complications in future.  Is it valid that mentioning of husband’s property details that is going to be gifted in my brother’s name?

Thanks & Regards,

 

 



Learning

 3 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     18 June 2016

No need to mention other than gifted property.gifted property full details are must

NARENDER RAO BASAVARAJU (Advocate)     18 June 2016

It is not necessary to furnish other details. Gift deed needs only the particulars of a gifted property.

Further, I suggest you to take care of the acceptance clause in the Gift Deed. 

It means the Gift should be accepted by you. This is most important 

Regarding the gift of your father to your Brother,,the matter is different

 

 

Kumar Doab (FIN)     18 June 2016

You can benefit from the advise of experts.


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