2 holiday ham gift baskets years back father passed away.
Asked 3 years ago in Property Law from Muzaffarnagar, Uttar Pradesh.
A gift deed in case of donor being a minor is legally not valid.
In case of Minor, legally speaking person who owns the property can make a gift to any other person.All human beings like to gift something to their relatives and loved ones.Page : 1 2 3, single Page Format, aLSO read.Once the donee is an adult, he must either accept the burden or return the gift.The acceptance may be validated by acts such as taking possession of the property.
And if a senior citizen is incapable to approach the Deputy Commissioner, any social organisation can do so on his behalf.All views and/or recommendations are those of the concerned author personally and made purely for information purposes.Nothing contained in the articles should be construed as business, legal, tax, accounting, investment or other advice or as an advertisement or promotion of any project or developer or locality.For, the Act stipulates the Deputy Commissioner to decide such cases 'expeditiously'.Copyright 2016 m All Rights Reserved.Registration As per Section 123 of the Transfer of Property Act, a gift of immovable property cannot pass any title to the donee unless it is registered.There is extra cost in the form of Stamp Duty in case of Gift Deeds.Acceptance Acceptance of the gift after its execution is a legal requirement and Donee must accept the gift during the lifetime of donor.Ideal way of gifting is through gift deeds and this process scores above drafting Will in some respect.
Drafting the Gift Deed A gift deed is drafted with the help of a lawyer and it describes what is being transferred and to whom.
Gift Deed is a contract between donor and the donee which defines simultaneous and reciprocal act of giving and taking.
After three months of his death my mother registered the property as gift deed to my elder brother.