Registration of Land Gift
Seshagiri Viswanatha Rao
(Querist) 23 May 2010
This query is : Resolved
Kindly indicate whether any self acquired land can be gifted to others (who are not blood related) when absolute legal heirs are very much availableand if to to indicate relevant act/section
Raj Kumar Makkad
(Expert) 23 May 2010
Yes. Self acquired property can be given to anyone either by way of gift, will, sale, mortgage etc. as per Transfer of Property Act.
Seshagiri Viswanatha Rao
(Querist) 23 May 2010
Dear Expert(s)
Thank you very much for tendering considered advises and will follow it
Thanks once again
SV Rao
B K Raghavendra Rao
(Expert) 23 May 2010
However, one point is to be noted. Stamp duty and registration charges would be as applicable to conveyance by other modes like sale deed.
Uma parameswaran
(Expert) 23 May 2010
Self acquired property can alienate as per the wish of the owner.