Is Registration of Gift Deed Compulsory

Introduction When it comes to transferring ownership of a property through a gift deed, many individuals wonder whether registration of the gift deed is compulsory or optional. In this article, we will explore the legal requirements surrounding the registration of a gift deed and provide clarity on whether it is mandatory or not. Understanding these requirements will help individuals make informed decisions and ensure compliance with applicable laws. Definition of a Gift Deed A gift deed is a legal document used to transfer ownership of a property from one person (the donor) to another (the donee) without any exchange of […]