A gift of immovable property is normally effected by a gift deed and not through a pre-printed transfer form. Therefore, it would be advisable for your uncle to execute a gift deed.

A registered gift deed transfers property ownership permanently and cannot be revoked unilaterally, unless specifically ...

GIFT DEED A Gift Deed is a legal instrument executed to document a valid transfer of immovable property in form of a gift as per the provisions of the law.

A Gift deed would refer to a legal document by way of which the Donor of immovable or movable property transfers his/her property to the Donee as a gift.

Property transactions through GPA were evolved, inter alia, to avoid (i) payments of stamp duty and registration charges on sale/conveyance deeds; and (ii) payment of capital gain tax on transfer ...

The registration of the gift deed in this case is not mandatory. Only gift deeds that contain immovable property as a gift to kin or third party needs to be registered.

Is using a gift deed advantageous? A gift deed is an instrument that allows you to transfer a movable or immovable property to the donee (the person receiving the property).

Gifting assets to relatives is a way to distribute wealth within the family and ensure financial security for loved ones. Here are some key points to consider while doing so to ensure a smooth and tax ...

Unless registration of the gift deed is completed, the title does not pass on to the donee, in case of gift of immovable property.

A gift of immovable property is normally effected by a gift deed and not through a pre-printed transfer form. Therefore, it would be advisable for your uncle to execute a gift deed.