Gift deed

Querist : Anonymous (Querist) 04 February 2011 This query is : Resolved
Sir,

Please suggest some citations in favour of elder son:-

Proposition is as under:-

Elder son (ES) contributed his father (F) in the purchase of a residential house (1969), being employed at the relevant time. House purchased in the name of father (F).Younger son (YS) student of school at the time of purchase of house. However, Father gifted (registered gift deed) the said house exclusively in the name of younger son. Father aged around 90 years at the time of execution of gift deed.

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Advocate. Arunagiri (Expert) 04 February 2011
When the property is bought in the father's name the ES looses his right over the property. So, the gift deed of the father to the YS is valid.

Kirti Kar Tripathi (Expert) 05 February 2011
By purchasing property in in the name of father, the father became absolute owner of his share and thus he has full right to dispose of the same in a manner as he wish. The gift by father is valid.

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