Property gift deed
2 years ago
Hello, i have a 2 Bhk flat in Bangalore. I want to gift this property to my 3 yr old neice as my sister got divorced recently and i want to secure her daughter future. May i know what is the procedure and also complete list of charges involved
Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hi,
You can execute a gift deed in her favor. Please note that the gift deed should be signed by a minimum of two witnesses and it has to be registered. Please contact a lawyer for further legal advice.
Please rate my answer
Thank You
You can execute a gift deed in her favor. Please note that the gift deed should be signed by a minimum of two witnesses and it has to be registered. Please contact a lawyer for further legal advice.
Please rate my answer
Thank You
Helpful
Helpful
Share
A.Hi,
You can execute a gift deed in her favor and get the property transferred to her. It is important to register the gift deed after the execution and it must be attested by at least 2 witnesses.
Please rate my answer
Thank You
You can execute a gift deed in her favor and get the property transferred to her. It is important to register the gift deed after the execution and it must be attested by at least 2 witnesses.
Please rate my answer
Thank You
Helpful
Helpful
Share
Sidhaarth
Responded 2 years ago
A.Since your neice is minor so your sister is required firstly to be get appointed guardian if child from court if law and only thereafter, you can gift your flat to neice through her guardian and guardian shall receive the gift for her ward I e. your neice. Since your neice is minor hence she cannot independently take or receive your gift. A proper gift deed is required to be executed by you with guardian of your neice which shall ve duly registered with registrar and thereafter few mandatory rituals are also required to be performed to complete the gift.
Helpful
Helpful
Share
Advocate Sinjari Bandyopadhyaya
Responded 2 years ago
A.As your niece is minor and as your sister got Divorce recently,therefore, she will be considered as the natural guardian of that child( as her age is below 5 years) until and unless the Court decides anything to the contrary. Through registered Deed of Gift when you will gift the property to your niece,that gift has to be accepted by the natural guardian of your niece. After attaining 18 years,your niece will become entitled to her Ownership right in respect of that Gifted Flat.
Helpful
Helpful
Share
Read Related Answers
Covered garage
Dear Client,
The owner of a property is liable to pay the property tax levied by the local civic body i.e, the Municipal Authority. This tax may vary from one location to another and various other fac...
Government Land Occupying
Dear Client,
The Government land cannot be a subject matter of a transaction between the private parties. Instead, the Government acquires private land whenever required for public purposes under the...
Balcony extension
Dear Sir,
Yes, you can do so with the formal permission of either association people or builder. You may file representation before them and get consent.
Digging borwell infront of my house without permission
Dear Client,
If the land/place belongs to the Government, then your permission is not required. You cannot raise your voice against the installation of a borewell near/in front of your house. Your obj...
Property documents
Dear Sir,
It is not safe to give your originals to any broker. Thereafter, they may blackmail you.
Read Blogs on Property
Property Lawyers
Find Lawyers by Location
