Gift Deed: Required Documents And Registration Process

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Detailed Information

A gift deed is a document in which one person voluntarily gifts their movable and immovable property to another person. This deed allows the property owner to gift the property to anyone and avoids any problems arising from inheritance or inheritance claims. This registered deed is proof in itself. This transfer of property is an instant settlement and there is no need to go to court to execute these and save time.Make sure that this bond is free of any money transfer and mention that it is registered only out of affection and love and not out of coercion. All information related to the property such as the complete structure of a property, type of property, area, location, address, etc. should be mentioned in this deed.The property rights of the donor should be mentioned in the deed. The deed clearly explains that he can sell, rent, or lease the property at his discretion.

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