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Arhanath Patil (B.Com , CA-Final)     04 December 2010

Gift Deed by Father

Dear sir, please share your knowledge’s.

My grandfather wants to transfer some agricultural land to my father & my uncle. My grandfather is having 2 sons & 2 daughters. Grandfather got the land by inheritance.  My queries are :-

1. Is there any option to transfer the land other than GIFT DEED ?

2. Is the consent of his two daughters required for making the GIFT DEED for above said land?

3.What is the procedure of making GIFT DEED ?

 

PLEASE REPLY.......

THANK YOU IN ADVANCE




Learning

 8 Replies

dr.subramanian (astro/management consultancy)     05 December 2010

if it is ancestral property.... only hindu sucession act as amended in 2005 applies.

subramanian

Arhanath Patil (B.Com , CA-Final)     07 December 2010

@ dr.subramanian Dear sir, thank you for your reply. Sir, I am unable to understand. Please tell me the "Is the consent of his two daughters required for making the GIFT DEED for above said land?"

Y ARAVIND (ADVOCATE)     09 December 2010

Your grand father may be aged. Hindu Succession Act came into force from 17-06-1956.  when your aunts born is the criteria. 

dr.subramanian (astro/management consultancy)     10 December 2010

after 2005, all children whether male or female have got equal shares in the ancestral property.

whether the property or ancestral  is the only question to be decided at your end

dr.subaramanain

Arhanath Patil (B.Com , CA-Final)     12 December 2010

Thank you sir for replying...........

dr.subramanian (astro/management consultancy)     13 December 2010

no consent is required for gift. if you dont want to accept it, you can reject it. your  details are very little to give a good reply

Uma parameswaran (lawyer)     14 December 2010

Daughter's consent is necessary.

Arhanath Patil (B.Com , CA-Final)     20 December 2010

Thank you for replying...........

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