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Gift Deed

Gift and relinquishment deed for transferring the ownership of property.

Gift and Relinquishment deed for transfer of Immovable property

Of the various methods for transfer of ownership rights in a property “Gift” and “Relinquishment” are two such methods. Both the aforesaid terms serve the same purpose of transfer of property, have similar implications, but the circumstances in which these are executed are different. Gift of immovable property Gift is defined under section 122 of […]

CommonFloor Editorial Team

120502

Only Registered Gift Deed of Property Is Valid

It is invalid if a gift of a property is not registered. Documents should be stamped and registered as required, and attested by two witnesses. A Gift Deed is a legal document that states how much you received, from whom and when. Any person who is competent to contract can gift his property. The person […]

Gift Deed Is Invalid Without Registration

A gift deed or deed of gift is a deed that is executed and delivered in which the donor transfers title to the donee without any payment or considerations. A gift deed that has not been registered does not pass any title of ownership of the property in favour of the donee. The person who transfers […]

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