Resale of registered gifted property
12-Sep-2023 (In Property Law)
1. Can I resell registered gifted property in future 2. At any time, Eg:- At time of resale etc., will my brothers signature required in any case. Can I resell, demolish, anything for that matter- without my brothers signature. 3. What is mutation of the property ? along with the gift deed registration should i register this mutation of the property, 4. What are the other documents along with gift deed registration,
If you have secured the property absolutely on Gift Deed in your name, your can sell the property as you desired and others signatures are not required, you can mutation the property.
Description: Mutation of a property is the transfer or change of title entry in revenue records of the local municipal corporation. The change in title ownership may occur due to a number of reasons like death of the original owner and subsequent transfer of the ownership due to inheritance or succession.
Description: Mutation of a property is the transfer or change of title entry in revenue records of the local municipal corporation. The change in title ownership may occur due to a number of reasons like death of the original owner and subsequent transfer of the ownership due to inheritance or succession.
Yes. You can resale a property given to you as gift (gift registered) if there are no conditions in the gift deed.
You can resale it any time during the course of your life.
Your brothers have no legal rights to interfere in your decisions related to the property you have received by gift ( gift registered ), if they are not part of the gift.
“MUTATION” of property is the change of title of ownership from one person to another while selling or transferring property.
Once the gift deed has been registered, you are supposed to get the title of the property updated in your name at the sub registrar’s office. This is known as mutation.
Mutation happens after registration of the property.
After the gift deed is registered get mutation done and obtain Encumbrance Certificate.
Dr. Gubbi, Counselor & Advocate, Bangalore
You can resale it any time during the course of your life.
Your brothers have no legal rights to interfere in your decisions related to the property you have received by gift ( gift registered ), if they are not part of the gift.
“MUTATION” of property is the change of title of ownership from one person to another while selling or transferring property.
Once the gift deed has been registered, you are supposed to get the title of the property updated in your name at the sub registrar’s office. This is known as mutation.
Mutation happens after registration of the property.
After the gift deed is registered get mutation done and obtain Encumbrance Certificate.
Dr. Gubbi, Counselor & Advocate, Bangalore
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
- Varisan certificate process and fees and from where it is applied
- Legal Documentation for Claiming Ancestral Property Share Without Disp
- Agriculture land and house property are two separate entities or singl
- Grandfathers property sold out by the grand daughters.
- Gift deed from mother to son but paid in cash the property value
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."