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lakshmi (home maker)     18 March 2014

Gift deed of a property

Dear Sirs,


My sister is a gpa holder of a property, can she gift her property to her last Son for onward Sale of property from him and the consideration to be given to me for onward disbursement to all children (she has 4 children - 3 sons and 1 daughter).  Can a property acquired by GIFT DEED be sold to any one?

Is any affidavit for consideration and disbursal authority to me is to be made before a Gift Deed?

Thanks in advance for your suggestion.

Regards,

Lakshmi.
Lakshmi



Learning

 1 Replies

adv.raghavan (Advocate,9444674980)     18 March 2014

yes she can do GIFT DEED, provided the GPA  has specific mentioning about this. yes property attained by gift deed can be sold to any one.


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