A person has the right to gift any property belonging to him to another.
Things to know-
- The person gifting must be above 18 years of age.
- The gift must be accepted by the person to whom it is given.
- If any immovable property(land/house/building) is to be gifted, the document must be registered and stamp duty will be applicable.
- The document has to be signed by two witnesses.
Our services include drafting of Gift deed