Gifting is one of the many mediums through which one can transfer ownership of one’s property to another person. The gifting of property in India falls under Transfer of Property Act, 1882 and is … READ FULL STORY
It is a fact that when buying a property in Maharashtra, one has to pay the different taxes related to it, most important being stamp duty and registration charges. These are governed under the … READ FULL STORY
One of the most commonly used legal tool to transfer ownership of property is the gift deed. This is done because it is tax-efficient as compared to other options available. However, one should be … READ FULL STORY
While transferring ownership of property in India, the buyer must pay stamp duty and registration fee to register the new ownerโs name in official records. Payment of stamp duty is compulsory even when the … READ FULL STORY
Marriagะต doะตsnโt ะตrasะต lะตgal boundariะตs whะตn it comะตs to financial and propะตrty ownะตrship. A common quะตstion among couplะตsโparticularly thosะต ะตngagะตd in tax planning, succะตssion managะตmะตnt, or financial indะตpะตndะตncะตโis whะตthะตr a husband can lะตgally sะตll … READ FULL STORY
Manoj Kumar gifted his sister Swati Kumar a 2 BHK property in Mumbai. Swati, being a blood relative, Manoj Kumar executed the gift deed by paying a stamp duty of Rs 200 and got … READ FULL STORY
A gift of property is giving ownership of oneโs property to anyone through a gift deed. Gifting a property through a gift deed to a near and dear one, has certain monetary implications that … READ FULL STORY
When it comes to transfer of property ownership, there are many ways to do so. In this guide, we detail the different ways possible and documents required. What is a transfer of property? … READ FULL STORY
If a person wishes to gift a property to someone, he can do so through a gift deed. According to Section 122 of the Transfer of Property Act, 1882, property is transferred through a … READ FULL STORY
When you are buying a property, you have the choice to become its single owner or invest through co-ownership. As the name suggests, in single ownership, there will be only one owner that is … READ FULL STORY
When it comes to property distribution and asset management, utilising a gift deed without possession is a prevalent approach. Through the formalisation of a gift via a deed, individuals can delineate clear and legally … READ FULL STORY
February 9, 2024: The West Bengal state government provides a relief on stamp duty on transfer of property within a family through gift deeds. โTo provide relief within property transfers within family, I am … READ FULL STORY
Gift deed is a legal instrument by which an owner can transfer his movable and immovable property in his lifetime. Even though the receiver of such a gift โ known as the donee in … READ FULL STORY
