details of gift deed

Querist : Anonymous (Querist) 28 June 2011 This query is : Resolved
Sir ,
My client wants to transfer her property in the name of her sister in law,then what document I can prepare suggest me.can it be done through gift deed? if yes then is it necessary to registerd the same gift deed or it can be notarised to come in force that gift deed?

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R.Ramachandran (Expert) 28 June 2011
First and foremost it has to be ensured that your cient is the absolute owner of the property.
If so, and if she wishes to transfer her property to anyone (her sister etc.), then whether it is for consideration or without consideration.
If it is for consideration then it should be through Sale Deed.
If it is without consideration then it should be through Gift Deed.
BUT MOST IMPORTANT THING IS THAT UNLESS THE SALE DEED OR GIFT DEED IS REGISTERED THE TRANSFER WILL NOT AT ALL TAKE EFFECT.
Mere notory will not do.

adv. rajeev ( rajoo ) (Expert) 28 June 2011
It is necessary to register the gift.

Guest (Expert) 28 June 2011
i totally agree with Ramchandran

prabhakar singh (Expert) 28 June 2011
yes,it can be done through gift deed.
it is necessary to registered the same gift.
NO it can NOT be notarised to come in force that gift deed.
registration is a must,and unavoidable need.