Gift Deed Registered

Querist : Anonymous (Querist) 30 May 2011 This query is : Resolved
I have purchase a land in 2006 with joint name my brother and myself. My brother is ready to transfer this land to myself, registry is stop in Faridabad,

1. Can we make a Gift Deed Registered agreement without any condition.
2. Is gift deed registered is valid for future rights.
3. can sold this properties to any one after gift deed registered
4. What is process for GDR.

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G.Sundara Rajan (Expert) 30 May 2011
All the process and questions which you have asked are unnecessary.

If your brother is ready to transfer his share of land to you, the land which is in joint name of yours and him, then please ask your brother to execute a relinquishment deed, where he renounces his share of property and get it registered, the land becomes automatically yours.

PALNITKAR V.V. (Expert) 30 May 2011
Gift deed will also be valid even for future rights. Gift deed is generally without condition. Gift deed creates a valid title and the property gifted can be transferred to third party. Process for GDR is similar to registration of other documents.

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