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Cancelation of unconditional gift deed
12-Jul-2023 (In Property Law)
Can father in law has a right to canceled the gift deed of property do in favour of his daughter in law under a senior citizen act
I have perused the contents of your query and would advise you to seek a detailed consultancy from a lawyer having expertise. The contents of gift deed and other requisite information needs to be shared and scrutinized
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Adv. Anubhav Kathuria
Delhi | 500+ Answers
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What is the cancellation period of gift deed?
If both parties agree, a gift deed can be cancelled at any time. The mutual agreement can include such conditions that are understood by both parties. As a result, the gift deed will be canceled. 27-Apr-2023
What is the cancellation of a conditional gift deed?
The right to cancel a gift deed allows the donor to take possession of property if a certain event occurs or if the recipient fails to meet a condition. The donor has only three years to cancel the gift transaction after the date of the event.
Can a gift deed be canceled judgment?
The Supreme Court also ruled that a donors gift deed could not be revoked because he or she changed their mind. 10-Oct-2023
What is the limitation for cancellation of gift?
A genuine gift cannot be cancelled unilaterally. A bonafide donation can only be revoked by a court. The limitation period for a gift deed is 3 years. This means that the registration instrument must be completed within 3 years if there has not been an acceptance. 25-Mar-2020
Yes, father in law has the power to annul the gift deed executed in the favour of daughter in law. under senior citizens act, 2007, Section 23 of the Act, 2007 gives power to the senior citizen to seek the annulment or transfer of the property thereby, on the grounds of non- maintainability and ill behaviour with the senior citizen. An application to this effect will be made before the maintainance tribunal and an order will be seek regarding the declaration as to transfer of the property as null and void and eviction of the daughter in law thereof.
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Adv. Yuganshu Sharma
Delhi | 400+ Answers
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Hello, I have perused your query.
In the present circumstances :
After the gift deed has been executed it cannot be cancelled unilaterally. However, if the donor and donee are into a positive agreement to cancel the gift deed then it may be cancelled by executing a deed of cancellation.
Fir any further information regarding your legal query feel free to reach out to us.
In the present circumstances :
After the gift deed has been executed it cannot be cancelled unilaterally. However, if the donor and donee are into a positive agreement to cancel the gift deed then it may be cancelled by executing a deed of cancellation.
Fir any further information regarding your legal query feel free to reach out to us.
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Adv. Love Kumar Soni
Goa | 200+ Answers
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Once executed, a gift deed cannot be revoked. A Court could however revoke it if they can prove that it was done by unjust means, such as threats, intimidation, or force. A dispute between the donor and recipient will not be enough to have it quashed.
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Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
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