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Rule of inheritance for gifted property
29-Jul-2023 (In Property Law)
HI, I had done a gift deed for my apartment to be transferred to my Mother. Also i have been put as the nominee for the property in the society books. After my mother, will the property get automatically transferred to me or will my sister also will have a right over the property? if latter answer is yes Also pls let me know what are the options available to get it automatically transferred to me after my mother? Also whether property can have multiple POA? thanks.
Dear Client
As per your query you have residential property and you have done gift deed. By way of gift deed you transfered all your rights to your mother. So as on today you don't have any right in that property. In future if your sister claim in that property that time you have to face the litigation.
Please check your gift deed is registered or not.
Helpful?
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hello, any property can have only one power of attorney and if you executed new power of the same property, the later one will prevail over previous power. further, you can take your sister's consent over the future transfer over the will in your name and settle her in the presence of your mother in order to avoid future litigation since will can also be challenged inspite of a nominee. for further assistance please free to call me for further legal consultation.
Helpful?
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Adv. Krinjal S. Ahuja
Mumbai | 100+ Answers
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