Home / Legal / Can a gifted property be gifted again? My mother got a property from her sister through a gift deed, can she gift the same property to her son?
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Can a gifted property be gifted again? My mother got a property from her sister through a gift deed, can she gift the same property to her son?

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Wondering can a gifted property be gifted again? As long as the paperwork is properly validated and registered, gift deed property can be sold or given as a gift again. To prevent future altercations, it is crucial to obtain legal counsel in advance.

Can a Property be Transferred through a Gift Deed?

A legal document known as a gift deed enables the owner of property to give ownership of their asset to a third party. Let us understand how to make a gift deed,

Drafting the Gift Deed:

  • Prepare the gift deed by including relevant details such as the description of the gift and the names of the donor (current owner) and donee (recipient).

  • Specify that the transfer is a gift without any obligation or condition attached.

Stamp Duty and Registration:

  • Stamp the gift deed as per the prevailing laws of the state where the property is located.

  • Register the deed at the office of the Sub-Registrar nearest to the gifted property.

  • The donor and donee must sign the deed in the presence of two witnesses.

Delivery of Possession:

  • Even though the donor may retain possession, legal ownership transfers to the donee upon signing the gift deed.

  • The deed should explicitly state that ownership has been transferre.

Execution of the Gift Deed:

  • Ensure that the gift deed is properly executed, signed, and witnessed.

  • Record the deed with the appropriate government office.

Get Your Gift Deed Drafted & Verified Via Legal Experts at NoBroker

Read More:

What are Will deed and Gift deed?

 

0 2023-01-31T15:20:51+00:00

Yes, after gifting, the new owner becomes the sole owner and all the rights are also transferred. So, you can give your gifted property. Therefore, the property received as a gift from the sister can be gifted further to the son. Read More: 

Should I buy a gifted property?

Can parents take back their gifted property?

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