Gift

Querist : Anonymous (Querist) 16 July 2019 This query is : Resolved
Can father still alive gift or transfer property to sons

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Isaac Gabriel (Expert) 16 July 2019
Yes. He can gift/donate to children during the lifetime.

Guest (Expert) 17 July 2019
Well advised by Mr.Isaac Gabriel

Guest (Expert) 17 July 2019
Gift Deed would be one option and Settlement Deed also could be executed which would be Very Less Expensive than Gift Deed. Check with the concerned Registrar Office

Dr J C Vashista (Expert) 17 July 2019
How does the father acquire title of the subject property?
How many other LRs of the titleholder?
What is your concern/ locus standi?
It would be better to consult and engage a local prudent lawyer for appreciation of facts/ documents, guidance and proceeding.
However, if you are located in Delhi/NCR and feel so, may contact me (on appointment) with records at: Chamber No 647, Lawyer's Chamber Block, Dwarka Courts Complex, Sector 10, Dwarka, New Delhi-110075 Cell #+91 98911 52939 email: majjagdish@yahoo.com or visit: www.vakil-saab.com