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What are the legal formalities required for giving gift deed


05-Jan-2023 (In Documentation Law)
Hi, I have a residential flat in pune and want to gift it to my father. Please let me know the government charges involved if I go for gift deed. 
Answers (1)

Answer #1
883 votes
A gift of immovable property amounts to its transfer under the Transfer of Property Act. Hence, through the gift deed the elder brother can gift the property to his younger brother by registered gift deed. The society can not reject your brother's claim of gifting the property to his younger brother through gift deed. Society's action contradicts the provision of transfer of property act.

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