Menu
Gift Deed
A gift deed is an agreement that is used, when a person wishes to gift his property or money to someone else. In accordance with section 17 of the Registration Act 1908, the registration of a Gift Deed is mandatory. This legal requirement allows individuals or companies to transfer ownership of property without any monetary exchange.
TDA provide the process of drafting and executing gift deeds, Here are some specific ways in which lawyers can assist with gift deed matters:
Ensuring Donor’s Capacity and Intent, Verifying Property Ownership and Encumbrances, Drafting a Clear and Comprehensive Gift Deed, Attesting to Donor’s Signature and Execution, Guiding the Registration Process, Addressing Tax Implications, Resolving Disputes and Protecting Interests, Ensuring Confidentiality and Privacy, Protecting Donor from Future Claims, Advising on Gift Deed Alternatives.