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Settlement Deed Validity blood relations


12-Aug-2023 (In Property Law)
My father got settlement deed registered by her mother's sister (aunt) when I go for bank loan they are saying the settlement deed is invalid because settlement can only be done between blood relation now what should I do cancel the settlement deed and execute gift deed because or the settlement deed executed my aunt is valid
Answers (3)

Answer #1
666 votes
settlement deed can be done only in favour of sons and daughters are in favour of father and mother the settlement deed done for other relationship is not really valid under law and on the basis of the gift deed you can get the loan
Answer #2
822 votes
In this case, settlement deeds (only between blood relation ) it's valid another form Gift deed ( other than blood relation) and if you paid full government stamp duty you can show without considerable amount if you did not pay any equal guideline value of stamp duty hence this gift deed will come to the question of the validity. I had a vast practice in that area you can seek my assistance in your matter.
Answer #3
209 votes
The terms of the settlement must be agreed upon by all parties. Free consent should not be influenced by external elements like deceit, deception, or coercion. Both oral and written agreements can be accepted. All parties must sign the written agreement if it is a written agreement.
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