Gift deed hindu law
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GIFT DEED HINDU LAW
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Transcript of Gift deed hindu law
GIFT DEED
HINDU LAW
CONDITIONS
MUST BE VOLENTARYPOSSESSION MUST BE ACCEPTED BY THE DONEE DURING THE LIFETIME OF THE DONORIF DONEE DIES BEFORE ACCEPTANCE GIFT BECOMES VOID
CONDITIONS
NO CONSIDERATIONMOVABLE AND/OR IMMOVABLEEXISTING PROPERTYATTESTED BY AT LEAST TWO WITNESSESS
CONDITIONS
GIFT CAN BE MADE IN FAVOUR OF MINORIT CAN BE ACCEPTED BY THE FATHER/GUARDIANSECTION 11 OF THE INDIAN CONTRACTS ACT 1872 WILL NOT BE ATTRACTED
PROVISIONS OF LAW
TRANSFER OF PROPERTY ACT 1882Sections 122 -129
STAMP DUTY AND REGISTATION
IMMOVABLE PROPERTY
BOTH COMPULSORY
MOVABLE PROPERTY
DELIVERY OF THE PROPERTY IS SUFFICIENT
NO REGISTRATION REQUIRED
Thank You