Gift Deeds in India: Who Is Eligible?

Introduction A Gift Deed can be used to give a gift to a colleague, close relative, or charitable organization. Implementing this documentation can prevent inheritance disputes. Whenever two people agree to share property without exchanging money, a legal document called a Gift Deed outlines how the property will be divided. According to Section 17 of the Registration Act, 1908, the landowner must register the facility with the sub-registrar before transferring it to another person or organization; however, the gift must be received while the donor is still alive. A Gift Deed usually includes information about both the assignor and the […]