Dr.Amitabha (Professor) 03 February 2010
Sir, My mom and her two sisters(they have no brother) has gift deed me a part of their ancestral property,which was supposed to my mothers part. The gifted property has been registered and mutation has been done in local municipality. Due to some familial problem I would like to return this property to my mother. Is it ligally possible to transfer that property to my mother? Can I do that? Please help.
Swami Sadashiva Brahmendra Sar (Nil) 03 February 2010
You can transfer by a fresh gift or sale deed .
rajkumar.vnm.marupeddi (advocate) 05 February 2010
The said Gift Deed can be cancelled by executing a registered revocation deed at the instance of both Donor and Donee. I think it is not expensive when compared to Gifting again to you donor. Contact local Registrar office about the latest stamp duties payable.
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