My mother is having a 2 BHK Flat ( 890 sq ft super built up area, 660 sq ft built up area ). The flat she have purchased on her own earning money and she have not inherited it. Now my Mother wants to execute a gift deed of the said flat in my name. But she wants to impose a condition on he gift deed that i will become the sole owner of the flat only after the demise of my mother. Till her lifetime she will remain the owner of that said flat as now she is.
Can she execute a CONDITIONAL GIFT DEED ? Is it legally valid & possible to execute a Gift Deed. As far my knowledge is concerned when an Unconditional Gift Deed is executed the Donee becomes the owner of the said gift immediately and in the lifetime of the owner. So kindly clear me whether it is legally possible to execute a Conditional Gift Deed or not ? How will i get the flat mutated in my name if a conditional Gift deed is executed.