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shailaja   23 August 2018

Property buying of multiple gift deeds

 one person named srinivas has gifted his  property to minor daughter of age 1 year (daughter of first wife) and revoked/cancelled  the property of minor daughter , when she is  three years old and again gifted his property to his (srinivas mother) mother named savithri and in the (EC)ENCUMBRANCE CERTIFICATE savithri name is coming at present date. Now the minor girl age is 13 years her grandmother savithri wants to sell her property so can we buy the property and is any problem from that minor in future when she gets 18 year old please suggest. He cancelled his minor girl daughter gift he looking after that girl now he has so many debits so he cancelled that without doing fixed deposit on her. His first wife died due to health issues. 
What is the procedure to buy this property as the property is owned by srinivas he gifted to minor and cancelled and again gifted to his mother and what are the documents to be taken from them so that no problem should arise from that minor girl in future.



Learning

 4 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     23 August 2018

A minor girl acquired proeprty through TPA i.e. by means of sale or Gift, it cannot be transferred unless the judicial court permits. but in which year the Gift was given and in which year it was revoked?  

G.L.N. Prasad (Retired employee.)     24 August 2018

When your hard earned money is at stake,  always avoid going for such disputed property.  There is no dearth of clean titled properties.

shailaja   24 August 2018

the minor girl born in year 2004 and her father made gift deed in year 2005 and revoked in year 2007 and her father transffered on his name and again did gift deed on his mother name.

Kishor Mehta (CEO)     24 August 2018

A gift deed executed and registered in favour of a minor can not be unilaterally revoked, under the circumstances the second gift deed becomes void, and either the second donee or the donor do not have any legal right to sale or part with possession of the property in any manner whatsoever.

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