Q: We have a co-owned property in Thane, but I currently reside in Gurgaon. Is it compulsory for me to register the Gift Deed in Thane to transfer the ownership or can i get it done here in Gurgaon without travelling.
I want to enter right into a benami transaction. That benami property is to be purchased by me in the identify of my son and my unmarried daughter . Is it legally permissible to take action?
Benami transactions are prohibited below the law. However, that you could buy of benami property for the advantage of your wife or single daughter but not to your son.
Certainly one of my friends who is a Muslim needs to gift his property. He has been advised that under Muslim regulation even an oral gift can also be made. Can a Muslim make an oral gift and the way the identical can be lawfully carried out ?
Yes he can gift an immovable property by means of making an oral gift provided three ingredients are convinced. These ingredients are a) there must be a declaration of gift, (b) there must be acceptance of the gift by the donee, and (c) the possession of the property which is the subject-matter of the gift must have been delivered to the done.
My grand father during his life time gifted this properties to various persons, some of whom were living and some were yet to be born. He died immediately after making the Will. What right do the persons who were not born at that time and were born subsequently, have in the property of the grand father.
it's true that in case of unborn one and women the whole of the remaining interest ought to be transferred. However the place a gift is made to a class or serious of individuals some of whom are in existence and other are not, the gift is valid in regards to people who are in existence at the time of loss of life of the testator and invalid as to leisure.