A gift deed is an agreement that is used, when a person wishes to gift his property or money to another person. The property can be both, moveable as well as immovable. The person who transfers the property in gift is known as donor and the person to whom it is transferred is known as donee.
Are you receiving a property in gift and want to avoid future dispute arising out of succession or inheritance claim? You will require a Gift Deed to be executed and registered. Get your Gift Deed professionally drafted and registered by Senior Expert Property Lawyers, and avoid such future disputes arising out of such property.
Being a very important legal document, there are certain things that you are required to mention in a Gift Deed. Some of them are –
After making sure that your Gift Deed is signed, attested by witnesses and you have paid the stamp duty and registration charges as per your state regulations. You need to carry a few other documents like –
STEP 1: Draft a deed with the following essentials.
STEP 2: Get it printed on the stamp paper of appropriate value depending upon your state
STEP 3: Get the deed registered at your registrar or sub-registrar office.
The Transfer of Property Act requires the Gift Deed to be registered. Gift Deed Registration enhances the legitimacy of transfer of the asset and can be used in case of a conflict. Gift deeds offer legal protection on property transfers. Legal Assure helps with gift deed registration.
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Get your Gift Deed professionally drafted and registered by Senior Expert Property Lawyers, and avoid such future disputes arising out of such property.
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