Gift of property between family members.
18-Oct-2023 (In Property Law)
I have purchased a house in Lucknow in 2013 on loan. Registry of property is in the name of me my mother n married sister.Now I want the property title to be free in my name. My mother n sister r ready to sign gift deed but they live in gujrat. Now I want to know
1. Only signing of gift deed is ok.
2. Do they need to be physically present in Lucknow registrar office.
3. I can get gift deed signed today n registration can be later.
on the above mentioned query please note down that title transfer by way of gift deed is immediate process. so, 1. only signing a gift deed is not sufficient. 2. they need to be physically present at the time of registration of gift deed. 3. no because if the documents signed and registration of deed is not done then as per law there is no title transfer
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