Gift deed

Hello Prabha Arun, I acknowledge your question. Yes, there can be a joint gift deed but when it comes to the point wherein stamp duty arises, the stamp duty will be higher than that of or equal to that paid for a sale deed if the gift deed is not made within class 1 heirs. The daughter in law does not fall under the category of class heir 1. So, it is majorly advisable to have a separate gift deed there lies no legal problem even if it is joint.

I hope your question is answered.

Have a good day.