Querist :
Anonymous
(Querist) 28 June 2011
This query is : Resolved
Sir , My client wants to transfer her property in the name of her sister in law,then what document I can prepare suggest me.can it be done through gift deed? if yes then is it necessary to registerd the same gift deed or it can be notarised to come in force that gift deed?
R.Ramachandran
(Expert) 28 June 2011
First and foremost it has to be ensured that your cient is the absolute owner of the property. If so, and if she wishes to transfer her property to anyone (her sister etc.), then whether it is for consideration or without consideration. If it is for consideration then it should be through Sale Deed. If it is without consideration then it should be through Gift Deed. BUT MOST IMPORTANT THING IS THAT UNLESS THE SALE DEED OR GIFT DEED IS REGISTERED THE TRANSFER WILL NOT AT ALL TAKE EFFECT. Mere notory will not do.
Guest
(Expert) 28 June 2011
i totally agree with Ramchandran
prabhakar singh
(Expert) 28 June 2011
yes,it can be done through gift deed. it is necessary to registered the same gift. NO it can NOT be notarised to come in force that gift deed. registration is a must,and unavoidable need.
Raj Kumar Makkad
(Expert) 28 June 2011
I do agree with Ramachandran.
Arun Kumar Bhagat
(Expert) 03 July 2011
All deed of Conveyance must be registered.
Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup