Results for #gifted
Legal
#gifted#registered#gift#property
A year ago, my mother gifted me the house we live in and we have registered that house under gift. I wanted to know if my siblings can claim for any right in the property after my mother's demise.
A year ago, my mother gifted me the house we live in and we have registered that house under gift. I wanted to know if my siblings can claim for any right in the property after my mother's demise.
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Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Once the Gift Deed is registered and if the flat in question was acquired by your father from his self earned, income, then your sibblings would not be entitled to claim any share in the property.
Legal
#nri#gifted#flat#delhi#registered
I am an NRI. My wife was gifted a flat in South Delhi by our in-laws during our wedding. This flat although is registered in my mother in laws name. Now I wish to transfer it to my wife's name with a goal of renting it and earning some money out of it. How can I get it transferred?
I am an NRI. My wife was gifted a flat in South Delhi by our in-laws during our wedding. This flat although is registered in my mother in laws name. Now I wish to transfer it to my wife's name with a goal of renting it and earning some money out of it. How can I get it transferred?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Your mother in law can gift the same to your wife by way of a Gift Deed which will attract minimum stamp duty.
Legal
#property#gifted
Is there a possibility that a property will get attached even if it is gifted to my wife and son
Is there a possibility that a property will get attached even if it is gifted to my wife and son
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
If you have gifted the property to avoid payment of any government dues including income tax and/or to avoid repaying of any dues owed by you to third parties, then the Gift Deed can be defeated on the grounds of Fraud and the property or your share in the property can be attached, despite the execution of the gift deed.
Society Matters
#society#transfer#property#gifted
Does the society need to be informed about the transfer of a property after it has been gifted?
Does the society need to be informed about the transfer of a property after it has been gifted?
Answered on November 08, 2017
Yes, post the gift, society needs to be informed of the same with proof to effect transfer from one owner to the other and apply to the Society with the necessary transfer forms for transfer of flat.
