Yes. A Gift deed being an instrument for transferring the rights in the property can be challenged in India.Gift: A gift is a gratuitous transfer of property by a donor to a donee voluntarily. Gift Deed: A legal document describing the transfer of property. A gift deed is an agreement between the two parties […]
An owner of the property can transfer the same in many ways like Will, Gift or Sale.Among family and friends, the property is usually transferred by way of executing a Gift Deed. The process of Gift deed creation is generally the same in all the States of India. There are certain requirements which are specific to […]
Gift of property is made without any monetary consideration. It is generally made to relatives out of love and affection. It is a transfer of ownership in property from one person to another.In the recent past, during an interaction with a native from Punjab who was settled in the UK, we realised the complexities that […]