Bimal (Sr.Acc) 01 August 2016
Registered gift deed was executed successfully . And all document was given to cooperative society for transfer of property . In between donor dies due to Sickness . Can society hold the process of transfer ?
Can society ask for NOC of other legal heir of DONOR .
Kumar Doab (FIN) 01 August 2016
Vaild and registered gift deed confers ownership with immediate effect.
NARENDER RAO BASAVARAJU (Advocate) 01 August 2016
Yes, it is correct. A Registered Gift Deed is effective immediately after the execution. Society,which you mentioned need not to hold the transfer
adv.bharat @ PUNE (Lawyer) 01 August 2016
Whether other legal heirs have any objection for it?
G P Vijay (Lawyer) 04 August 2016
The gift deed is an obsolute and immediate transfer after paying necessary stamp duty to the government and it takes effect immedietly. Have you perused the documents relating to the Gifted properties?. If it is a self aquired property of donors then the question of NOC from the legal heirs of the deceased donor does not arise. You may get a title opinion form a lawyer regarding this issue and submit it before the society.
Kumar Doab (FIN) 04 August 2016
Has the society made any objection at all?
adv.bharat @ PUNE (Lawyer) 05 August 2016
Author need to explain the query raised by expert to get solution of that problem.
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