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Home / Legal / Documentation / Can a jointly held property be gifted by one of the joint holder to the other ?
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Can a jointly held property be gifted by one of the joint holder to the other ?

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0 2022-09-22T17:16:58+00:00
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Yes, a jointly held property can be gifted to the other joint holder through a gift deed.

When a property is jointly held, both have their own rights over the property. In the same way, the ownership is transferred jointly through a gift deed. But the gift deed must be registered, and signed by the donor, donee and two witnesses.

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