Gift deed

e form (Querist) 23 November 2012 This query is : Resolved
which things is mandatory in Gift Deed.

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Sailesh Kumar Shah (Expert) 23 November 2012
1.No consideration
2.Acceptance
3.Reason for gift

Rajeev Kumar (Expert) 23 November 2012
Acceptance, reason for gift and it should be without consideration though charge can be imposed in gift deed and it must be registered in the office of registar where the property is situated.

e form (Querist) 24 November 2012
Thank You sir

but
It is necessary to register.in the office of the registrar

Under Muslim Law

ajay sethi (Expert) 24 November 2012
it is advisable to register a gift . saves you lot of legal hassles later

e form (Querist) 24 November 2012
ajay it's procedure

This format is available to you. So please send me.mail id

eformonline@gmail.com

I will be thankful to you.

e form (Querist) 24 November 2012
And
how many stamp fee or stamp paper also be required to pay?

ajay sethi (Expert) 24 November 2012
2%of market value of property

e form (Querist) 24 November 2012
Thank you Mr.Ajay Sethi
for expert advice.

Raj Kumar Makkad (Expert) 26 November 2012
Donor should also have ownership over the property meant for gift and percentage of gift is different from State to State. it is 3% in Haryana.

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