Can a gift deed be made on a girl of sixteen years
06-Jun-2023 (In Property Law)
My inlaws have gifted their property to their grand daughter and now they want it back. The grand daughter is 16 years old. Can they do i
There is no bar to gift property to a minor duly fulfilling all concerned legal formalities. The Law relating to transfer of property provides for the same.Only natural guardian of the minor should be the custodian of the property till the minor attains adulthood.Once property is legally parted away by a registered deed of gift, the same can't be taken back under normal circumstances.However, for the purpose of legal opinion,I must peruse the deed of gift for which contact lawRato for further instructions.
A gift to a minor is always valid since a guardian must have been mentioned thereover. However after the gift is registered, the property belongs to the donee, i.e. minor, hence unless the guardian of the minor who was the appointed guardian of the gift deed, decides the property to further gift or sell to anybody else, the property cannot be trasferred. Once the minor becomes major, the roll of the appointed guardian ceases to have any effect. Then the donee can gift or sell to anybody else whoever she wants. All the best. Regards
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