Gift Deed

A father in Thane wants his daughter to own the flat he bought years ago, and he wants to do it now, not through a will. No money changes hands. He hands her the keys and tells the family it is hers. Is that enough? If he later changes his mind, can he take it back? The gift deed is the document that answers both questions, and every requirement of the Transfer of Property Act that applies to it is a point where a careless draft can fail.

In two minutes

A gift is the voluntary transfer, without consideration, of existing movable or immovable property by a donor to a donee, accepted by or for the donee during the donor's lifetime; a gift of immovable property must be made by a registered instrument signed by or for the donor and attested by at least two witnesses.

The rest of this chapter

The full explanation, the cheat sheet, every previous-year question at every mark weight, the quiz and the answer skeletons are part of Drafting, Pleading and Conveyancing – II on LexBlox Semester. Sign in to unlock the subject, or read Module 1 of Legal Language and Writing free.