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WILL and Settlement deed

(Querist) 17 May 2010 This query is : Resolved 
Dear Experts,
I am Sunil and am buying a property-plot:22 which has the following title:

Few plots in a layout ( including plot:22) are owned by lady for past 40 years. In 2006 she had executed a WILL, where she mentioned that the plot:22 should go to her daughter after his life interest.

Suddenly, in 2007 she gifted ( Settlement Deed ) the same property-plot:22 to the same daughter's son i.e her grandson.
Now I am buying the plot from the grandson. Both mother and grandmother(age:81) are alive now.

Now the question is:
1. Does it require to cancel a particular a schedule ( i.e plot:22) as in mentioned in the WILL before gifting the same schedule to some one else?

2. Or is the particular schedule is cancelled automatically when gift deed is executed ??

3. Is it require to get signed from the grandmother and his mother as Witness , while I buy from his grandson?

Thanks for your help..
Devajyoti Barman (Expert) 30 October 2010
1. Not necessary
2.Yes
3. Yes


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