Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Gift Deed through Special Power of Attorney

(Querist) 20 September 2018 This query is : Resolved 
In Tamilnadu, my father in law lives in Tiruppur District. He has land property in another district (Trichy) different from where he lives. He has daughters who are all married. He is aged and his health is not good for long travel.
He wants to execute a gift deed for part of the property owned by him in Trichy District. His health condition does not permit him to travel to TrichyTrichy to execute the gift deed in
Person.
I am his son in law. He wants to execute a Spwcial Power of Attorney in my name in Sub Registrar office of his living place. The SPA is meant for presenting the Gift deed for registration at Trichy Sub Registrar office.

Questions :

1. Is registration of Gift Deed thru SPA permissible ?
2. Any formalities like notarisation of Draft Gift deed ?
3. Am a considered a family member of my father in law since he has only daughters ?
4. What is the charges applicable for SPA ? Is it Rs 1000 or Rs 10000?

Submitted by
Venkatachalam
kavksatyanarayana (Expert) 20 September 2018
1.Yes (for the purpose of Gift deed only).2. After giving SPA in favour of yourself, you can execute Gift deed on behalf him(as Agent of SPA) in favour of intended party/parties. 3. You are a relative and accordingly you have to pay stamp duty and registration fees as applicable in that State. 4. the SDs varies from one State to other State.so check there.
Venkatachalam (Querist) 21 September 2018
Sir, Thank you very much for your valuable advice and guidance. My query whether me (son in law) will be treated as family member ? What is the fee applicable for SPA ?
Regards
Venkatachalam
Guest (Expert) 21 September 2018
In whose favor the gift deed is proposed to be executed?
Also, is the SPA proposed to be registered or not?

Venkatachalam (Querist) 22 September 2018
Sir, I missed to say that father in law wants to execute Gift deed in favour of his two daughters ie my wife and her immediate younger sister. The last daughter has already been given a Gift already a few years back. The present gift deed is to bring parity for all three daughters
2. The SPA is proposed to be registered in his place of living


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :