Gift Deed Execution and Title of ownership

Querist : Anonymous (Querist) 08 November 2010 This query is : Resolved
Dear Experts,

I was gifted an immovable property last year via a registered gift deed. I submitted the said gift deed to the housing society office of the said property. However, the title of the property has not yet been transferred in my name. Is this a matter of concern? Can the gift deed be considered not executed since the share certificate is not in my name? What is meant by "an executed gift deed"? Is it different than an "registered gift deed"?
Thanks.

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s.subramanian (Expert) 09 November 2010
The execution and registration of the gift deed and delivery of possession of the flat completes the transfer of title to you. other things are a mere formality.

pawan sharma (Expert) 09 November 2010
Agree.

Querist : Anonymous (Querist) 09 November 2010
1 small clarification... I am not occupying the property currently... instead the original owner is staying there & i am ok with that... Can that be a problem? Also, can you clarify the difference between executing the gift deed & registering the gift deed. Are they the same thing?

thanks

Arun Kumar Bhagat (Expert) 13 November 2010
Executing means putting signature and registering meand placing the said deed before registrar for registration and putting signatures of the parties in relevant registers.

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