Gifted property


Rules of the gift deed 

can property which is gifted by father can sale anytime

 
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FIN

Registered gift deed is valid mode to dispose the immovable property by title holder (donor) to donee.

IT confers title on donee.

The nature of property that devolves by gift deed is self acquired.

The done becomes title holder and can dispose the property by valid/registered deed, thereafter anytime.

 
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FIN

The gift is complete the moment IT is gifted by donor and accepted by donee.

The gift of immovable property is to be registered.

IT is without consideration.

The done may submit the gift deed copy to O/o Authority under whose jurisdiction property falls for updation in mutation records and get copy updated mutations..and keep IT safely.

 

 
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