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Get your Gift Dispute settled by best Lawyers

Registration of gift deed is utmost significant to prove the authenticity or else it will be not recognized as a valid deed. You can gift the property but it should be with free consent and without any consideration.

Introduction

A deed of gift is a signed legal instrument that transfers ownership of real, personal, or intellectual property – such as a gift of materials from one person or institution to another. It can be created by any property owner. Hire a Lawyer to seek advice for the best usage of a gifted property and save yourself from the disputes related to it. Know all about the gift deed and your rights as a giver and a recipient of such gift. Hire Lawyers from Law Chef to get world class services by we'll experienced Lawyers at a pocket friendly price.

In addition to the above mentioned things, a deed  for gift must be made while the person is conscious and must have the approval of a nodal entity, such as a municipality, as well as the advice of legal counsel. And a disagreement or conflict that results from a deed for present for certain reasons is known as a gift dispute.

Mainly, the dispute regarding the gift happens when the execution of the deed was not as per the wish of the donor or was executed under misrepresentation, fraud etc. If a deed is made forcibly by the property owner or against the owner of the property's will, the deed may be challenged in court. If there are any extra requirements in the gift deed and they are not met, the gift deed may be annulled.

The parties mainly include father and son or daughter or close relative of the donor. Illustration : A man who is bed ridden and has Alzheimer's disease was forced to sign a gift deed in the name of his nephew. Later, it came to light that the signature obtained by his nephew was forceful and the legal heir of that man filed a suit against the nephew.

And the Gift Deed or the registration of it is regulated the Transfer of Property Act, 1882. According to Section 123 of this act, the gift of immovable property is valid when gifted through a registered gift deed signed by the donor and the donee and attested by two witnesses.

 

A deed of gift is a signed legal instrument that transfers ownership of real, personal, or intellectual property – such as a gift of materials from one person or institution to another.

The disagreement or dispute arising out of the gift deed due to certain reasons is called Gift Dispute. It may arise out of various reasons such as fraud, misrepresentation, etc.

Mainly, the dispute regarding the gift happens when the execution of the deed was not as per the wish of the donor or was executed under misrepresentation, fraud etc.

Registration of Gift Deed is regulated by the Transfer of Property Act, 1882. According to Section 123 of this act, the gift of immovable property is valid when gifted through a registered gift deed signed by the donor and the donee and attested by two witnesses.

It must be correctly documented by the donor. Minors are prohibited from receiving charitable gifts by law. The exemption to this rule can be made when a natural custodian is designated to help manage assets even though the donee is not yet of legal age. The beneficiary must also be alive for the asset to be real

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