Can a gift deed be cancelled on family
1 year ago
My grandmother has gifted some property to her son in year 2002, which she wants to cancel now,both my grandmother and his son are alive. Can she cancel the gift deed and get her property back in her name ? It was inherited property to my grandmother.
A.Dear client, the answer is yes. The gift deed can be canceled on certain reasons. However It is to be noted, that the period of limitation for the revocation of gifts on the ground of fraud, coercion, misrepresentation or undue influence is three years from the date on which the same comes to the knowledge of the donor. A gift deed once registered cannot be cancelled without the donee's signature
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A.Dear Client
Cancellation of gift deed can not be done just like that and there are two ways to get it reversed/cancelled
1. By the Donee returning the property another gift deed in favour of the donor
2. By proving to the court that the said gift deed was done without the free consent of the donor under some influence and coercion or fraud.
Cancellation of gift deed can not be done just like that and there are two ways to get it reversed/cancelled
1. By the Donee returning the property another gift deed in favour of the donor
2. By proving to the court that the said gift deed was done without the free consent of the donor under some influence and coercion or fraud.
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