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Is registration of gift deeds mandatory?


23-May-2023 (In Documentation Law)
Is it mandatory to register a gift deed?
Answers (1)

Answer #1
234 votes
Registration of a gift deed transferring an immovable property is mandatory. In absence of written instrument executed by donor, attestation by two witnesses, registration of the instrument and acceptance thereof by the donee (i.e. the transferee), the gift of immovable property is not complete. Registration of a document including gift deed implies that the transaction is in writing, signed by the executant, attested by two competent persons and duly stamped before the registration formalities are officially completed.
 

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