Transfer of property

s venkata ramana (Querist) 04 December 2013 This query is : Resolved
'A' Execute a deed of gift in favour of 'B' and register the document . 'B' is not informed about the gift . 'A' chaged his mind and revoke the gift . Therafter 'B' comes to know about the gift and cliam the property .

decide and pls give me your valubale feedback .

svramana.

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basavaraj shiromani (Expert) 04 December 2013
Gift must be absolute and subsequently it cannot be revoked. But in your case the gift is not accepted by the donnee, therefore the gift is void ab initio.

T. Kalaiselvan, Advocate (Expert) 05 December 2013
Rightly answered by Mr. Basavaraj; thus B loses his right over it because the same was not acted upon

ABDUL RAZIQUE (Expert) 05 December 2013
A gift deed must be prepared between the persons gifting and receiving the gift. This deed must also be registered. Deed must contain the information of type of gift and the amount of gift. when the donee not present at the time of registration of deed or he /she not accept the same before the registrar, such type of gift deed is void from the beginning. so there is no matter of afraid.

Rajendra K Goyal (Expert) 14 December 2013
Well advised by the experts.

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