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can i sell my gifted property which was gifted 21 years back
17-Jul-2023 (In Property Law)
hi sir can i sell my land which was gifted by my brother in 1995 ,it is registered on my name all the document are with my name like. tax,ec,each and every thing are there any chances to stop me from selling
Hi
Since your brother executed a registered gift deed in your name in the year 1995 and also that the electricity bills, property tax etc are in your name, there are no chances of your brother or any one else from claiming the land now.
if at all your brother wanted to cancel the gift deed he should have cancelled the Gift deed by 1998(3 years)
Now that it is more 21 years since the Gift was made the Gift cannot be challenged now.
So you can go ahead and deal with the property in whatsoever manner you wish.
No Worries.
Since your brother executed a registered gift deed in your name in the year 1995 and also that the electricity bills, property tax etc are in your name, there are no chances of your brother or any one else from claiming the land now.
if at all your brother wanted to cancel the gift deed he should have cancelled the Gift deed by 1998(3 years)
Now that it is more 21 years since the Gift was made the Gift cannot be challenged now.
So you can go ahead and deal with the property in whatsoever manner you wish.
No Worries.
Helpful?
30+
30+
Adv. Rajagopalan
Hyderabad | 500+ Answers
Chat
HI,
you can sell the property as per your will and wish,
but here are some important points which you are not mentioned.
whether that gift is conditional gift or your brother given that land for the purpose of enjoyment only
not for the sale.
if there is any particular condition or wish by the donor, in all these circumstances you can not sell the property
otherwise you can sell the property.
you can sell the property as per your will and wish,
but here are some important points which you are not mentioned.
whether that gift is conditional gift or your brother given that land for the purpose of enjoyment only
not for the sale.
if there is any particular condition or wish by the donor, in all these circumstances you can not sell the property
otherwise you can sell the property.
Helpful?
28+
28+
Adv. Sree K Sivakumar
Hyderabad | 100+ Answers
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