cybo (abc) 03 June 2014

Gift deed

We bought a plot of land in 2010 in my name with my mothers money. I got married in 2012.now things have turn bad. So i would be filing for divorce. If i transfer the plot to my mother using gift deed can it be challenged by my wife.

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2 Replies

adv.raghavan (Advocate,9444674980) 03 June 2014

If the entire property is in your name you can go ahead and do the same, if it is in joint name, i doubt whether it will serve the purpose.

cybo (abc) 03 June 2014

Yes .. d property is entirly on my name and has been bought much before marriage.Can the gift deed be challanged by my wife during the divorce.proceedings? Secondly i also have a flat on which loan is still outstanding And the EMI is being paid solely frm my income and presently it is put out on rent. It has been bought around 2 yrs before mrg. How do i save the flat?